Amount$4M
SeriesSeries A
AnnouncedJul 1, 2012
SectorIdentity & Access Management (IAM)
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 A rounds (995)
Round size distribution10th pct
smaller Series A roundslarger
vs. Identity & Access Management (IAM) (24)
Round size in sector25th pct
$1Mthis round: $4M$120M
