Amount$20M
SeriesSeries B
AnnouncedJul 19, 2016
Time since last round579 mo
SectorCyber Security, Enterprise
Sub-sectorMachine Learning, Artificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 B rounds (996)
Round size distribution36th pct
smaller Series B roundslarger
vs. Cyber Security, Enterprise (31)
Round size in sector71th pct
$200Kthis round: $20M$33M
