Amount$20M
SeriesSeries D
AnnouncedApr 7, 2008
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series D round.
Syndicate size
Healthy syndicate of 5 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 D rounds (1,000)
Round size distribution9th pct
smaller Series D roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector77th pct
$100Kthis round: $20M$37M
