Amount$100M
Post-money valuation$850M
SeriesSeries D
AnnouncedMar 28, 2024
Time since last round241 mo
SectorEnterprise, Cyber Security, Malware, Data Leakage Prevention
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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. Series D rounds (1,000)
Round size distribution59th pct
smaller Series D roundslarger
Post-money valuation17th pct
$65Mthis round: $850M$6B
vs. Enterprise, Cyber Security, Malware, Data Leakage Prevention (4)
Round size in sector100th pct
$30Mthis round: $100M$100M
