Amount$75M
Post-money valuation$400M
SeriesSeries C
AnnouncedMar 15, 2022
Time since last round482 mo
SectorComputing, Virtualization, Artificial Intelligence, Optimization, Kubernetes
Sub-sectorDeep Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series C round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Backed by established, high-track-record investors.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Series C rounds (999)
Round size distribution70th pct
smaller Series C roundslarger
Post-money valuation20th pct
$29Mthis round: $400M$3B
vs. Computing, Virtualization, Artificial Intelligence, Optimization, Kubernetes (4)
Round size in sector100th pct
$3Mthis round: $75M$75M
