Amount$100M
Post-money valuation$1.1B
SeriesSeries D
AnnouncedFeb 1, 2020
Revenue multiple55.0×
Time since last round451 mo
SectorEnterprise, IoT, Cyber Security
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Single investor — limited external validation.
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 D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation39th pct
$65Mthis round: $1.1B$6B
vs. Enterprise, IoT, Cyber Security (7)
Round size in sector57th pct
$17Mthis round: $100M$300M
