Amount$39M
Post-money valuation$1.3B
SeriesSecondary Transaction
AnnouncedMar 18, 2012
SectorCustomer Interaction, Mobile, Enterprise, Customer Loyalty, Analytics
Sub-sectorMachine Learning, Artificial Intelligence, Natural Language Processing
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than 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
Mostly newer or unproven managers.
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 distribution19th pct
smaller Secondary Transaction roundslarger
Post-money valuation59th pct
$33Mthis round: $1.3B$2.6B
