Amount$5M
Post-money valuation$50M
SeriesSeries A
AnnouncedMar 26, 2019
SectorEnterprise, Cyber Security, Network
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series A round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor re-upped — insiders doubling down.
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 A rounds (995)
Round size distribution15th pct
smaller Series A roundslarger
Post-money valuation18th pct
$12Mthis round: $50M$1B
vs. Enterprise, Cyber Security, Network (4)
Round size in sector25th pct
$5Mthis round: $5M$100M
