Amount$20M
SeriesSeries B
AnnouncedAug 27, 2019
SectorCyber Security, Policy Management, Enterprise, Information Technology (IT)
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 B rounds (996)
Round size distribution36th pct
smaller Series B roundslarger
vs. Cyber Security, Policy Management, Enterprise, Information Technology (IT) (8)
Round size in sector38th pct
$4Mthis round: $20M$200M
