Amount$12M
Post-money valuation$45M
SeriesSeries B
AnnouncedApr 30, 2014
Time since last round426 mo
SectorMarketing, Customer Interaction, Customer Engagement, Solution
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 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 distribution17th pct
smaller Series B roundslarger
Post-money valuation3th pct
$35Mthis round: $45M$2.6B
vs. Marketing, Customer Interaction, Customer Engagement, Solution (6)
Round size in sector67th pct
$2Mthis round: $12M$33M