Amount$50M
SeriesSeries C
AnnouncedJan 21, 2016
SectorDevOps, Enterprise, Development
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
7 investors on the cap table.
Insider conviction
4 existing investors re-upped — insiders doubling down.
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 C rounds (999)
Round size distribution54th pct
smaller Series C roundslarger
vs. DevOps, Enterprise, Development (5)
Round size in sector80th pct
$1Mthis round: $50M$50M
