Amount$16M
SeriesSeries B
AnnouncedSep 30, 2015
Time since last round321 mo
SectorEnterprise, Information Technology (IT), Service Operations, AIOps
Sub-sectorMachine Learning, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series B rounds (996)
Round size distribution25th pct
smaller Series B roundslarger
vs. Enterprise, Information Technology (IT), Service Operations, AIOps (7)
Round size in sector57th pct
$5Mthis round: $16M$50M
