Amount$500K
SeriesSeed
AnnouncedMay 25, 2011
SectorEnterprise, Cyber Security
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Seed round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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. Enterprise, Cyber Security (106)
Round size in sector3th pct
$100Kthis round: $500K$37M