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10 Hot Startups That Raised VC Funding In February

Internet of Things and cybersecurity companies were among the startups that hauled in venture capital rounds in February.

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Mist Systems

Headquarters: Cupertino, Calif.

CEO: Sujai Hajela

Funding: $46 million, Series C

Investors: Kleiner Perkins Caufield & Byers (led the round), Lightspeed Venture Partners, Norwest Venture Partners, GV, NTT Docomo Ventures, Dimension Data

What it does: Combines cloud-based wireless and artificial intelligence to create intelligent networks and Bluetooth Low Energy (BLE), location-based solutions for enterprise customers

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