Amount$35M
SeriesSeries D
AnnouncedMay 1, 2019
SectorCloud Computing
Sub-sectorData Storage for AI/ML
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 D rounds (1,000)
Round size distribution18th pct
smaller Series D roundslarger
