Amount$2M
SeriesVenture Round
AnnouncedMar 1, 2012
SectorDocument Management & eSignature
Weak
A weak or unusual round versus its peers.
Round size vs peers
Far below the typical Venture Round round — well under the median.
Syndicate size
Single investor — limited external validation.
Insider conviction
All-new money — no prior investors re-upped.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Venture Round rounds (110)
Round size distribution5th pct
smaller Venture Round roundslarger
vs. Document Management & eSignature (8)
Round size in sector38th pct
$500Kthis round: $2M$71M
