Amount$3M
SeriesSeed
AnnouncedApr 7, 2016
Time since last round516 mo
SectorAutomotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Seed round.
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors 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. Automotive, Cyber Security, Endpoint Security, IoT, Industrial, Edge (5)
Round size in sector40th pct
$3Mthis round: $3M$12M