Amount$34M
Post-money valuation$40M
SeriesPrivate Equity
AnnouncedOct 20, 2001
SectorConferencing, Internet, Video
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Private Equity round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
2 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Private Equity rounds (109)
Round size distribution18th pct
smaller Private Equity roundslarger
Post-money valuation4th pct
$40Mthis round: $40M$7B
vs. Conferencing, Internet, Video (5)
Round size in sector100th pct
$1Mthis round: $34M$34M
