Amount$16M
SeriesSeries C
AnnouncedFeb 28, 2019
Time since last round502 mo
SectorIndustrial, Cyber Security, Control Systems, SCADA
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series C round.
Syndicate size
2 investors on the cap table.
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 C rounds (999)
Round size distribution14th pct
smaller Series C roundslarger
vs. Industrial, Cyber Security, Control Systems, SCADA (4)
Round size in sector75th pct
$2Mthis round: $16M$18M
