Amount$76M
Post-money valuation$1B
SeriesSeries F
AnnouncedJan 21, 2016
SectorEnterprise, Cyber Security, IoT, Industrial
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series F round.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 F rounds (255)
Round size distribution23th pct
smaller Series F roundslarger
Post-money valuation13th pct
$200Mthis round: $1B$15B
vs. Enterprise, Cyber Security, IoT, Industrial (7)
Round size in sector100th pct
$2Mthis round: $76M$12M
