Amount$60M
Post-money valuation$500M
SeriesSeries C
AnnouncedApr 5, 2022
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 C round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 C rounds (999)
Round size distribution62th pct
smaller Series C roundslarger
Post-money valuation27th pct
$29Mthis round: $500M$3B
vs. Enterprise, Cyber Security, Malware, Data Leakage Prevention (4)
Round size in sector75th pct
$30Mthis round: $60M$100M
