Amount$5M
SeriesSeries B
AnnouncedApr 30, 2016
Time since last round321 mo
SectorEnterprise, Information Technology (IT), Service Operations, AIOps
Sub-sectorMachine Learning, Deep Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
Healthy syndicate of 4 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 B rounds (996)
Round size distribution4th pct
smaller Series B roundslarger
vs. Enterprise, Information Technology (IT), Service Operations, AIOps (7)
Round size in sector14th pct
$5Mthis round: $5M$50M
