Amount$50M
SeriesStrategic Investment
AnnouncedSep 21, 2016
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Strategic Investment round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
2 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. Strategic Investment rounds (33)
Round size distribution42th pct
smaller Strategic Investment roundslarger
