Amount$10M
SeriesSeries C
AnnouncedFeb 29, 2020
Time since last round639 mo
SectorMobile, Mobile Marketing, Personalized, Edge Computing, Sensor, Retail, Customer Engagement, IoT
Sub-sectorAI-Optimized Hardware, Deep Learning, Artificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series C round — well under the median.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
1 existing investor 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 distribution8th pct
smaller Series C roundslarger
vs. Mobile, Mobile Marketing, Personalized, Edge Computing, Sensor, Retail, Customer Engagement, IoT (4)
Round size in sector100th pct
$1Mthis round: $10M$10M