Amount$175M
Post-money valuation$3B
SeriesSeries D
AnnouncedApr 30, 2024
Time since last round6 mo
SectorEnterprise, Cyber Security, Web Browser, Web Security
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series D round (2.2×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 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 distribution76th pct
smaller Series D roundslarger
Post-money valuation77th pct
$65Mthis round: $3B$6B
vs. Enterprise, Cyber Security, Web Browser, Web Security (6)
Round size in sector83th pct
$60Mthis round: $175M$250M
