Amount$8M
Post-money valuation$40M
SeriesSeed
AnnouncedMar 20, 2001
Time since last round1964 mo
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (2.9×).
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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. Enterprise, Cyber Security (106)
Round size in sector36th pct
$100Kthis round: $8M$37M
