Amount$60M
Post-money valuation$285M
SeriesSeries D
AnnouncedMar 1, 2020
SectorCybersecurity
Sub-sectorThreat Detection
RegionUnited States
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution38th pct
smaller Series D roundslarger
Post-money valuation4th pct
$65Mthis round: $285M$6B
