Amount$200M
Post-money valuation$1B
SeriesSeries E
AnnouncedJul 31, 2019
Valuation step-up1.8×
Time since last round507 mo
SectorEnterprise, Cyber Security, Incident Response, Forensics, Endpoint Security
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Valuation step-up
Healthy 1.8× valuation step-up.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series E rounds (478)
Round size distribution71th pct
smaller Series E roundslarger
Post-money valuation21th pct
$103Mthis round: $1B$10.2B
vs. Enterprise, Cyber Security, Incident Response, Forensics, Endpoint Security (9)
Round size in sector89th pct
$5Mthis round: $200M$200M
