Amount$3M
SeriesConvertible Note
AnnouncedFeb 28, 2015
Time since last round685 mo
SectorTechnology, AR VR
Sub-sectorComputer Vision
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Convertible Note round.
Syndicate size
Single investor — limited external validation.
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. Convertible Note rounds (55)
Round size distribution44th pct
smaller Convertible Note roundslarger
vs. Technology, AR VR (4)
Round size in sector50th pct
$500Kthis round: $3M$4M
