Amount$50M
Post-money valuation$600M
SeriesSeries C
AnnouncedJun 24, 2011
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 3 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 C rounds (999)
Round size distribution54th pct
smaller Series C roundslarger
Post-money valuation32th pct
$29Mthis round: $600M$3B
