Amount$52M
Post-money valuation$208M
SeriesSeries D
AnnouncedApr 30, 2019
Time since last round425 mo
SectorEnterprise, Information Technology (IT), DevOps, Logs
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
7 investors on the cap table.
Insider conviction
5 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 D rounds (1,000)
Round size distribution33th pct
smaller Series D roundslarger
Post-money valuation2th pct
$65Mthis round: $208M$6B
vs. Enterprise, Information Technology (IT), DevOps, Logs (6)
Round size in sector100th pct
$1Mthis round: $52M$23M
