Amount$10M
SeriesSeries B
AnnouncedDec 2, 2021
Time since last round516 mo
SectorAutomotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Party round (9 investors) — diffuse ownership and signal.
Insider conviction
7 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 B rounds (996)
Round size distribution13th pct
smaller Series B roundslarger
vs. Automotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge (5)
Round size in sector80th pct
$3Mthis round: $10M$12M
