Amount$85M
Post-money valuation$800M
SeriesSeries B
AnnouncedSep 23, 2014
Time since last round918 mo
SectorAdvertising, Marketing, Mobile, Real-Time Bidding, App
Sub-sectorMachine Learning, Natural Language Processing, Deep Learning
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Larger than the typical Series B round (3.0×).
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Series B rounds (996)
Round size distribution84th pct
smaller Series B roundslarger
Post-money valuation54th pct
$35Mthis round: $800M$2.6B
