Amount$50M
Post-money valuation$380M
SeriesSeries B
AnnouncedJul 24, 2024
Time since last round748 mo
SectorEnterprise, Cyber Security, Development, Cloud, Vulnerability, Remediation, Application Security Posture Management (ASPM)
Sub-sectorArtificial Intelligence
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 distribution72th pct
smaller Series B roundslarger
Post-money valuation27th pct
$35Mthis round: $380M$2.6B
