Amount$7M
SeriesSeries C
AnnouncedJun 10, 2010
Time since last round629 mo
SectorEnterprise, ERP, Development, Information Technology (IT)
Sub-sectorMachine Learning, Artificial Intelligence, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series C round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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 C rounds (999)
Round size distribution4th pct
smaller Series C roundslarger
vs. Enterprise, ERP, Development, Information Technology (IT) (6)
Round size in sector67th pct
$5Mthis round: $7M$20M
