Amount$120M
Post-money valuation$1.4B
SeriesSeries B
AnnouncedDec 2, 2021
SectorCybersecurity
Sub-sectorMachine Learning
RegionUSA
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far above the typical Series B round (4.3× the median) — an outlier.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 B rounds (996)
Round size distribution91th pct
smaller Series B roundslarger
Post-money valuation78th pct
$35Mthis round: $1.4B$2.6B
