Amount$30M
SeriesSeries B
AnnouncedJul 23, 2020
Time since last round477 mo
SectorEnterprise, Cyber Security, Information Technology (IT)
Sub-sectorMachine Learning, Natural Language Processing, Natural Language Understanding
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
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 distribution54th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security, Information Technology (IT) (4)
Round size in sector75th pct
$5Mthis round: $30M$30M
