Amount$125M
Post-money valuation$1.1B
SeriesSeries D
AnnouncedJun 20, 2024
SectorEnterprise, Cyber Security
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
7 investors on the cap table.
Insider conviction
3 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 D rounds (1,000)
Round size distribution66th pct
smaller Series D roundslarger
Post-money valuation39th pct
$65Mthis round: $1.1B$6B
vs. Enterprise, Cyber Security (106)
Round size in sector98th pct
$100Kthis round: $125M$37M
