Amount$25M
SeriesSeries B
AnnouncedSep 30, 2020
Time since last round568 mo
SectorEnterprise, Information Technology (IT), Monitoring, Logs
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 B rounds (996)
Round size distribution43th pct
smaller Series B roundslarger
vs. Enterprise, Information Technology (IT), Monitoring, Logs (6)
Round size in sector67th pct
$1Mthis round: $25M$55M
