Amount$115M
SeriesSeries C
AnnouncedJan 14, 2021
SectorDevOps
Sub-sectorAI-powered features
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series C round (2.6×).
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
4 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 distribution85th pct
smaller Series C roundslarger