Amount$12M
SeriesSeries B
AnnouncedFeb 19, 2018
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
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 distribution16th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector56th pct
$100Kthis round: $12M$37M
