Amount$11M
SeriesSeries A
AnnouncedAug 13, 2013
SectorCyber Security, Enterprise
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 3 investors.
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 A rounds (995)
Round size distribution45th pct
smaller Series A roundslarger
vs. Cyber Security, Enterprise (31)
Round size in sector52th pct
$200Kthis round: $11M$33M