Amount$32M
Post-money valuation$192M
SeriesSeries A
AnnouncedMar 7, 2022
Time since last round411 mo
SectorCyber Security, Enterprise, AppSec, CI/CD, DevOps
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.9×).
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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 distribution85th pct
smaller Series A roundslarger
Post-money valuation46th pct
$12Mthis round: $192M$1B