Amount$55M
SeriesSeries B
AnnouncedAug 12, 2020
Time since last round212 mo
SectorEnterprise, Cyber Security, Cloud, Compliance
Sub-sectorArtificial Intelligence, Machine Learning, Deep Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with 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
Backed by established, high-track-record 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 distribution74th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security, Cloud, Compliance (5)
Round size in sector60th pct
$7Mthis round: $55M$340M
