Amount$55M
SeriesSeries C
AnnouncedJan 29, 2019
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 C round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 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 distribution57th pct
smaller Series C roundslarger
vs. Enterprise, Network, Cyber Security, Threat Intelligence, Wide Area Network (WAN), Software Defined (SD) (7)
Round size in sector43th pct
$20Mthis round: $55M$238M
