Amount$20M
Post-money valuation$65M
SeriesSeries B
AnnouncedDec 1, 2012
SectorCybersecurity
Sub-sectorThreat Detection
RegionUnited States
Strong
A strong, well-structured round.
Round size vs peers
In line with 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
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. Series B rounds (996)
Round size distribution36th pct
smaller Series B roundslarger
Post-money valuation5th pct
$35Mthis round: $65M$2.6B