Amount$60M
Post-money valuation$1.3B
SeriesSeries B
AnnouncedNov 10, 2022
Time since last round8 mo
SectorEnterprise, Cyber Security, Web Browser, Web Security
Solid
A solid round with healthy fundamentals.
Round size vs peers
Larger than the typical Series B round (2.1×).
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
A mix of established and emerging investors.
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 distribution76th pct
smaller Series B roundslarger
Post-money valuation76th pct
$35Mthis round: $1.3B$2.6B
vs. Enterprise, Cyber Security, Web Browser, Web Security (6)
Round size in sector17th pct
$60Mthis round: $60M$250M
