Amount$5M
SeriesSeries B
AnnouncedAug 19, 2009
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 B round — well under the median.
Syndicate size
2 investors on the cap table.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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. Series B rounds (996)
Round size distribution4th pct
smaller Series B roundslarger
vs. Enterprise, ERP, Development, Information Technology (IT) (6)
Round size in sector33th pct
$5Mthis round: $5M$20M
