Amount$17M
SeriesSeries C
AnnouncedMay 18, 2006
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series C round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 C rounds (999)
Round size distribution15th pct
smaller Series C roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector71th pct
$100Kthis round: $17M$37M
