Amount$18M
SeriesSeries B
AnnouncedOct 3, 2018
SectorEnterprise, Cyber Security
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
2 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 B rounds (996)
Round size distribution28th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector75th pct
$100Kthis round: $18M$37M
Hysolate Series B — Hysolate