Amount$23M
SeriesSeries E
AnnouncedNov 24, 2020
Time since last round425 mo
SectorEnterprise, Information Technology (IT), DevOps, Logs
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series E round — well under the median.
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 E rounds (478)
Round size distribution6th pct
smaller Series E roundslarger
vs. Enterprise, Information Technology (IT), DevOps, Logs (6)
Round size in sector83th pct
$1Mthis round: $23M$23M
