Amount$5M
Post-money valuation$10M
SeriesSeries A
AnnouncedMay 28, 2002
SectorEnterprise, Cyber Security
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 A rounds (995)
Round size distribution15th pct
smaller Series A roundslarger
Post-money valuation0th pct
$12Mthis round: $10M$1B
vs. Enterprise, Cyber Security (106)
Round size in sector22th pct
$100Kthis round: $5M$37M
