Amount$3M
SeriesSeries B
AnnouncedMay 16, 2016
Time since last round649 mo
SectorEnterprise, Cyber Security, Autonomous
Sub-sectorMachine Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series B round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 distribution2th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security, Autonomous (4)
Round size in sector25th pct
$3Mthis round: $3M$24M
