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10 Hot Startups That Raised VC Funding In October

Analytics and storage technology companies were among the startups that hauled in venture capital rounds in October.

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Arctic Wolf Networks

Headquarters: Sunnyvale, Calif.

CEO: Brian NeSmith

Funding: $45 million, Series C

Investors: Future Fund (led the round), Adams Street, Unusual Ventures, Lightspeed Venture Partners, Redpoint Ventures, Sonae Investment Management, Knollwood Investment Advisory

What it does: Provider of security operations center (SOC)-as-a-service, providing threat detection to organizations that don't have a SOC of their own

CEO Quote: "Our growing team of security engineers is redefining the economics of security to protect companies of all sizes. In addition to supporting continued company growth, the funding will accelerate expansion of our service offering, as we continue to scale and expand to meet our customers’ individualized needs. We look forward to continuing our momentum and building out our internal vulnerability assessment and endpoint detection and response capabilities, in particular."

 
 
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