Amount$20M
SeriesSeries A
AnnouncedOct 27, 2015
Time since last round505 mo
SectorEnterprise, Network, Cyber Security, Threat Intelligence, Wide Area Network (WAN), Software Defined (SD)
Sub-sectorMachine Learning, Artificial Intelligence, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
2 investors on the cap table.
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 A rounds (995)
Round size distribution71th pct
smaller Series A roundslarger
vs. Enterprise, Network, Cyber Security, Threat Intelligence, Wide Area Network (WAN), Software Defined (SD) (7)
Round size in sector14th pct
$20Mthis round: $20M$238M
