Amount$7M
SeriesSeed
AnnouncedJun 16, 2022
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
Larger than the typical Seed round (2.4×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors 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 sector100th pct
$1Mthis round: $7M$2M
