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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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CNEX Labs

Headquarters: San Jose, Calif.

CEO: Alan Armstrong

Funding: $23 million, Series D

Investors: Dell Technologies Capital (led the round), Microsoft's M12 venture fund

What it does: Fabless chip designer focused on high-performance SSD controllers targeted at enterprise customers and hyper-scale data center users

CEO Quote: "CNEX Labs technology relieves customers from the mercy of a commoditized market and puts them back in control of their own destinies. We are proud to have achieved such strong backing and validation from industry partners and investors."

 
 
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