Amount$20M
SeriesSeries B
AnnouncedMay 31, 2016
Time since last round548 mo
SectorEnterprise, Cyber Security
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B 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 B rounds (996)
Round size distribution36th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector77th pct
$100Kthis round: $20M$37M
