Amount$135M
Post-money valuation$1B
SeriesSeries C
AnnouncedDec 15, 2021
Time since last round183 mo
SectorEnterprise, Cyber Security, API, Data Leakage Prevention
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series C round (3.0×).
Syndicate size
7 investors on the cap table.
Insider conviction
6 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 C rounds (999)
Round size distribution87th pct
smaller Series C roundslarger
Post-money valuation60th pct
$29Mthis round: $1B$3B
