Amount$55M
Post-money valuation$350M
SeriesSeries C
AnnouncedJul 29, 2021
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 C round.
Syndicate size
7 investors on the cap table.
Insider conviction
7 existing investors re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution57th pct
smaller Series C roundslarger
Post-money valuation14th pct
$29Mthis round: $350M$3B
vs. Enterprise, Information Technology (IT), Monitoring, Logs (6)
Round size in sector83th pct
$1Mthis round: $55M$55M
