Amount$30M
Post-money valuation$300M
SeriesSeries D
AnnouncedMar 22, 2017
SectorSemiconductor, Automotive, Connected Vehicle
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
Insider conviction
7 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 distribution16th pct
smaller Series D roundslarger
Post-money valuation5th pct
$65Mthis round: $300M$6B
vs. Semiconductor, Automotive, Connected Vehicle (4)
Round size in sector100th pct
$10Mthis round: $30M$30M
