Amount$23M
SeriesSeries B
AnnouncedJun 30, 2019
Time since last round275 mo
SectorLED, Smart City, IoT, Network, Wireless, AI, AI Enablers, Artificial Intelligence, Agritech, Big Data, Data Analytics, Video Analytics, Face Recognition, Homeland Security
Sub-sectorArtificial Intelligence, Deep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor 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 B rounds (996)
Round size distribution39th pct
smaller Series B roundslarger
