Amount$50M
SeriesSeries D
AnnouncedAug 14, 2018
Time since last round510 mo
SectorEnterprise, Cyber Security, Threat Detection, Information Technology (IT)
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 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 D rounds (1,000)
Round size distribution32th pct
smaller Series D roundslarger
vs. Enterprise, Cyber Security, Threat Detection, Information Technology (IT) (6)
Round size in sector67th pct
$10Mthis round: $50M$75M