Amount$77M
SeriesSeries D
AnnouncedApr 7, 2020
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 D round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 D rounds (1,000)
Round size distribution46th pct
smaller Series D roundslarger
vs. Enterprise, Network, Cyber Security, Threat Intelligence, Wide Area Network (WAN), Software Defined (SD) (7)
Round size in sector57th pct
$20Mthis round: $77M$238M
