Amount$20M
Post-money valuation$170M
SeriesSeries E
AnnouncedJan 8, 2015
Time since last round629 mo
SectorEnterprise, ERP, Development, Information Technology (IT)
Sub-sectorMachine Learning, Artificial Intelligence, Natural Language Processing
Mixed
A mixed round — some signals are off the norm.
Round size vs peers
Far below the typical Series E round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
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 E rounds (478)
Round size distribution6th pct
smaller Series E roundslarger
Post-money valuation1th pct
$103Mthis round: $170M$10.2B
vs. Enterprise, ERP, Development, Information Technology (IT) (6)
Round size in sector100th pct
$5Mthis round: $20M$20M
