Amount$8M
SeriesSeries B
AnnouncedJun 12, 2019
SectorEnterprise, Cyber Security
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Smaller than the typical Series B 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. Series B rounds (996)
Round size distribution8th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector36th pct
$100Kthis round: $8M$37M
