Amount$20M
Post-money valuation$200M
SeriesPrivate Equity
AnnouncedAug 5, 2009
SectorDrones, Homeland Security, Security
Sub-sectorComputer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Private Equity round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Private Equity rounds (109)
Round size distribution12th pct
smaller Private Equity roundslarger
Post-money valuation13th pct
$40Mthis round: $200M$7B
