Amount$8M
SeriesSeries B
AnnouncedAug 31, 2016
Time since last round541 mo
SectorEnterprise, Internal Data, IoT, Analytics, Anomaly Detection
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 B rounds (996)
Round size distribution8th pct
smaller Series B roundslarger
vs. Enterprise, Internal Data, IoT, Analytics, Anomaly Detection (5)
Round size in sector60th pct
$2Mthis round: $8M$15M
