3min chapter

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Corinne Riley | Funding the Cloud Challengers

Greymatter

CHAPTER

The Battle Between Cloud and Challengers

Cloud providers will have to go up against a number of highly capable and fast moving start ups. The pace at which new companies are being founded and funded in recent years is unprecedented. Between 20 19 and 20 20, venture capital investors poured around three billion dollars into around 35 challenger startups valued over 500 million.

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