Amount$50M
SeriesSeries C
AnnouncedJun 30, 2019
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 C round.
Syndicate size
Healthy syndicate of 6 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 distribution54th pct
smaller Series C roundslarger
vs. Enterprise, Cyber Security, Personal Identifiable Information, Data Protection, Data Security Posture Management (DSPM), Data Loss Prevention (8)
Round size in sector75th pct
$2Mthis round: $50M$70M
