Amount$24M
SeriesSeries E
AnnouncedSep 27, 2012
SectorWiFi, Semiconductor
Strong
A strong, well-structured round.
Round size vs peers
Far below the typical Series E 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
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 E rounds (478)
Round size distribution6th pct
smaller Series E roundslarger
vs. WiFi, Semiconductor (5)
Round size in sector80th pct
$10Mthis round: $24M$38M
