Amount$100M
SeriesSeries C
AnnouncedMay 15, 2024
SectorCloud Computing
Sub-sectorAI Infrastructure
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (2.2×).
Syndicate size
Healthy syndicate of 6 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 C rounds (999)
Round size distribution82th pct
smaller Series C roundslarger
