Amount$35M
SeriesSeries B
AnnouncedMar 31, 2019
Time since last round444 mo
SectorInspection, Predictive Maintenance, IP, Electronics, Semiconductor
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
8 investors on the cap table.
Insider conviction
7 existing investors 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 B rounds (996)
Round size distribution58th pct
smaller Series B roundslarger
vs. Inspection, Predictive Maintenance, IP, Electronics, Semiconductor (5)
Round size in sector40th pct
$35Mthis round: $35M$50M