10 Cool Tech Companies That Raised Funding In October 2021

November 05, 2021, 03:42 PM EDT

Next-generation technology developers in security, SASE, database software, machine learning and sales automation applications were among the startup companies that reported new rounds of funding in October.

Orca Security

Headquarters: Los Angeles

CEO: Avi Shua

Funding: The $550 million Series C round (initially announced as $340 million, but later increased) boosts Orca’s valuation to $1.8 billion.

Investors: The round was led by Temasek with participation from SAIC and Splunk Ventures.

What the company does: Orca develops software for cloud security and compliance management and cloud workload and data protection.

CEO Quote: “We’re executing and growing so rapidly in such a huge market. Investors are expecting to see Orca become the next leader of cloud security.”

Learn More: Cloud Security | Network Security

Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.