Amount$270M
Post-money valuation$6B
SeriesSeries D extension
AnnouncedAug 21, 2024
SectorObservability
Sub-sectorObservability AI
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D extension round.
Syndicate size
8 investors on the cap table.
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.