Amount$55M
SeriesSeries D
AnnouncedMay 15, 2018
SectorIdentity & Access Management (IAM)
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
4 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 D rounds (1,000)
Round size distribution34th pct
smaller Series D roundslarger
vs. Identity & Access Management (IAM) (24)
Round size in sector79th pct
$1Mthis round: $55M$120M
