Top 10 CloudTech & DevOps Capital Raises and Investors in the U.S. – July 1st – 31st, 2026
Several interesting transactions closed in the CloudTech & DevOps sector over the past month. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
PE Growth/Expansion
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- Rewind, an automated data backup platform that protects critical information within software-as-a-service applications, received a development capital from H.I.G. Growth Partners.
Buyout/LBO
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- Evo Security, an identity and access management platform that helps managed service providers secure and manage user access across client environments, was acquired by Barracuda Networks, via its financial sponsors Investment Management Corporation of Ontario, Kohlberg Kravis Roberts and Ten Eleven Ventures, through an LBO.
Merger/Acquisition
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- Unified Connection, telecommunication services that enables businesses of all sizes to streamline communications and improve collaboration, was acquired by Sova, a subsidiary of Endeavor Managed Services.
- Modular, an artificial intelligence development platform that rebuilds artificial intelligence infrastructure for everyone, was acquired by Qualcomm (NAS: QCOM).
Later Stage VC
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- Archera, a cloud cost management platform that optimizes and de-risk cloud infrastructure spending, raised $14.5 million of Series C venture funding.
- Together AI, a cloud-based artificial intelligence infrastructure platform that enables organizations to build, train, and deploy AI models at scale, raised $800 million in Series C venture funding in a deal led by Prosperity7 Ventures and Aramco Ventures.
Early-Stage VC
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- Prime Intellect, an AI-based infrastructure platform that evaluates and continuously improve agentic models through an integrated AI stack, raised $132.42 million through a combination of Series A venture funding in a deal led by Radical Ventures.
- Nous Research, a human-centric artificial intelligence models for enhancing reasoning and adaptability in real-world applications, raised an estimated $75 million of venture funding in a deal led by Robot Ventures.
Seed Round
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- Pilot Protocol, a networking stack that enables secure communication between autonomous agents, raised $4.5 million of seed funding in a deal led by Version One Ventures.
Angel (individual)
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- Stelrix, a secured credit infrastructure that allows consumers to spend against their investment portfolios without selling assets or triggering capital gains, raised $1.24 million of angel funding in the combination of debt and equity.
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Rebecca Lacy
Managing Director
More than 30 years positioning companies for growth. She began her career as a retail business owner then transitioned to McDonnell Douglas/Boeing where she worked to help small businesses gain significant market share. This included advocating at the federal level for legislation to facilitate competition for small businesses. Helped businesses secure non-traditional funding through grants, as well IP and equipment donations. Served in a board or advisory capacity for several economic development organizations. Transitioned to business ownership where she and her team created diagnostic tools and training that helped companies function with greater efficiency and flexibility. Domestic and international clients ranged from start-ups to multi-national corporations from a broad array of industries, government agencies and not-for-profits. B.A. in Public Administration, MBA from Western International University. FINRA Series 7 and 63 licenses.
- Email: rlacy@castleplacement.com
- (C) (573) 880-2974
Rebecca Lacy
Managing Director
Please contact me if you have any questions or would like to discuss your capital raise:
Email: rlacy@castleplacement.com
(C) (573) 880-2974
Send us a message:
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement® does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
