Amount$90M
Post-money valuation$1.6B
SeriesSeries D
AnnouncedDec 31, 2023
SectorCybersecurity
Sub-sectorGenerative AI Security
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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 distribution49th pct
smaller Series D roundslarger
Post-money valuation55th pct
$65Mthis round: $1.6B$6B
