Amount$10M
SeriesStrategic
AnnouncedJul 25, 2023
SectorCyber Security, Enterprise
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Strategic round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Strategic rounds (48)
Round size distribution56th pct
smaller Strategic roundslarger
vs. Cyber Security, Enterprise (31)
Round size in sector45th pct
$200Kthis round: $10M$33M
