Amount$58M
SeriesSeries C
AnnouncedMar 31, 2020
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 C round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 C rounds (999)
Round size distribution58th pct
smaller Series C roundslarger
vs. Cyber Security, Policy Management, Enterprise, Information Technology (IT) (8)
Round size in sector50th pct
$4Mthis round: $58M$200M
