Amount$100M
Post-money valuation$1.3B
SeriesSecondary Transaction
AnnouncedApr 15, 2012
SectorCustomer Interaction, Mobile, Enterprise, Customer Loyalty, Analytics
Sub-sectorMachine Learning, Artificial Intelligence, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Secondary Transaction round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Secondary Transaction rounds (26)
Round size distribution62th pct
smaller Secondary Transaction roundslarger
Post-money valuation59th pct
$33Mthis round: $1.3B$2.6B
