Amount$2M
SeriesSeed
AnnouncedAug 21, 2023
SectorWide Area Network (WAN), Software Defined (SD), Communication, Network, Secure Access Service Edge (SASE)
Sub-sectorArtificial Intelligence
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Wide Area Network (WAN), Software Defined (SD), Communication, Network, Secure Access Service Edge (SASE) (4)
Round size in sector50th pct
$1Mthis round: $2M$2M
