Amount$2M
SeriesSeed
AnnouncedMar 20, 2012
SectorCyber Security, Enterprise
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Cyber Security, Enterprise (31)
Round size in sector10th pct
$200Kthis round: $2M$33M