Amount$10M
SeriesDebt
AnnouncedApr 10, 2018
Time since last round516 mo
SectorAutomotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge
Sub-sectorMachine Learning
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Debt round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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. Automotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge (5)
Round size in sector80th pct
$3Mthis round: $10M$12M