Amount$65M
SeriesSeries C
AnnouncedMar 31, 2019
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 C round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 C rounds (999)
Round size distribution64th pct
smaller Series C roundslarger
vs. Enterprise, IoT, Cyber Security (7)
Round size in sector43th pct
$17Mthis round: $65M$300M
