Amount$70M
Post-money valuation$1B
SeriesSeries D
AnnouncedDec 16, 2020
Time since last round420 mo
SectorEnterprise, Cyber Security, Personal Identifiable Information, Data Protection, Data Security Posture Management (DSPM), Data Loss Prevention
Sub-sectorMachine Learning, Artificial Intelligence, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 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 D rounds (1,000)
Round size distribution43th pct
smaller Series D roundslarger
Post-money valuation32th pct
$65Mthis round: $1B$6B
vs. Enterprise, Cyber Security, Personal Identifiable Information, Data Protection, Data Security Posture Management (DSPM), Data Loss Prevention (8)
Round size in sector100th pct
$2Mthis round: $70M$70M
