Amount$20M
SeriesSeries B
AnnouncedJun 7, 2012
Time since last round389 mo
SectorSearch, Mobile, App
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution36th pct
smaller Series B roundslarger
vs. Search, Mobile, App (6)
Round size in sector50th pct
$400Kthis round: $20M$60M
