Amount$4M
SeriesSeries A
AnnouncedJun 27, 2012
SectorDevOps, Enterprise, Development
Sub-sectorMachine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Series A rounds (995)
Round size distribution7th pct
smaller Series A roundslarger
vs. DevOps, Enterprise, Development (5)
Round size in sector40th pct
$1Mthis round: $4M$50M
