Amount$9M
SeriesSeries A
AnnouncedJul 31, 2016
Time since last round502 mo
SectorIndustrial, Cyber Security, Control Systems, SCADA
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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. Series A rounds (995)
Round size distribution32th pct
smaller Series A roundslarger
vs. Industrial, Cyber Security, Control Systems, SCADA (4)
Round size in sector50th pct
$2Mthis round: $9M$18M