Amount$100M
Post-money valuation$1.1B
SeriesSeries B
AnnouncedFeb 17, 2025
Revenue multiple8.8×
Time since last round15 mo
SectorCyber Security, Industrial, Infrastructure, IoT, Generative AI
Sub-sectorMachine Learning, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series B round (3.6×).
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging 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 distribution89th pct
smaller Series B roundslarger
Post-money valuation69th pct
$35Mthis round: $1.1B$2.6B
