Amount$25M
Post-money valuation$100M
SeriesSeries C
AnnouncedDec 27, 2016
SectorSemiconductor, Automotive, Connected Vehicle
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 distribution25th pct
smaller Series C roundslarger
Post-money valuation2th pct
$29Mthis round: $100M$3B
vs. Semiconductor, Automotive, Connected Vehicle (4)
Round size in sector75th pct
$10Mthis round: $25M$30M
