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These are the top 25 enterprise technology startups powering the economy

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CNBC’s first-ever Top Startups for the Enterprise list highlights startups powering digital transformation, attracting strategic investments and potentially drawing acquisition interest. These are up-and-coming companies built by ambitious, creative, and innovative entrepreneurs who specifically set out to develop the latest technology in business intelligence, IT, cloud, big data, and cybersecurity as companies in all sectors of the economy allocate increasing levels of spending to technology.

The 25 startups selected using a proprietary methodology have raised over $14 billion in venture capital, according to PitchBook, at an implied collective valuation of more than $147 billion. Most of the companies on the unranked list use a combination of AI, machine learning, and cloud computing as critical drivers of their business models, and more than a third of the companies provide cybersecurity solutions.

Well-funded firms like these are in a particularly good position to meet the needs of large enterprises that are doubling down on emerging opportunities, despite the uncertain economic climate.

COMPANY HEADQUARTERS FOUNDED CATEGORY Abnormal SecuritySan Francisco2018CybersecurityAera TechnologyMountain View, California2017Big DataAnChain.AISan Jose, California2018Fintech Arctic WolfEden Prarie, Minnesota2012Cybersecurity AviatrixSanta Clara, California2014Cybersecurity BalbixSan Jose, California2015CybersecurityBigID New York City2016CybersecurityBrex San Francisco2017FintechCanva Sydney, Australia2012Design Cognite Oslo, Norway2017Big DataCribl San Francisco2017Big DataDatabricks San Francisco2013Big Data Dremio Santa Clara, California2015Big Data Eightfold.AI Santa Clara, California2016HR Tech ForethoughtSan Francisco2018Customer Relationship Management (CRM) Harness San Francisco2016Software developmentJupiterOne Morrisville, North Carolina2018CybersecurityLacework San Jose, California2015Cybersecurity Medable San Francisco2015Big Data Monte Carlo San Francisco2019Big Data Papaya Global Herzliya, Israel2016HR Tech Snyk Boston2015Cybersecurity UJET San Francisco2015Customer Relationship Management (CRM) Verbit Tel Aviv, Israel2017Automation Workato Mountain View, California2013Automation

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