Amount$150M
Post-money valuation$1.2B
SeriesVenture Round
AnnouncedOct 4, 2013
SectorBig Data
Sub-sectorData Infrastructure for AI
RegionUSA
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far above the typical Venture Round round (7.5× the median) — an outlier.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
All-new money — no prior investors re-upped.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Venture Round rounds (110)
Round size distribution82th pct
smaller Venture Round roundslarger
Post-money valuation33th pct
$100Mthis round: $1.2B$17.3B
