Amount$65M
Post-money valuation$460M
SeriesSeries B
AnnouncedMar 22, 2022
SectorCyber Security, Enterprise, Cloud, AppSec
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (2.3×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 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 distribution78th pct
smaller Series B roundslarger
Post-money valuation33th pct
$35Mthis round: $460M$2.6B
