Amount$250M
Post-money valuation$5.1B
SeriesSeries D
AnnouncedAug 6, 2024
SectorCybersecurity
Sub-sectorAI-Driven Security
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (3.1×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series D rounds (1,000)
Round size distribution86th pct
smaller Series D roundslarger
Post-money valuation88th pct
$65Mthis round: $5.1B$6B
