Amount$22M
Post-money valuation$100M
SeriesSeries B
AnnouncedSep 25, 2018
Time since last round7 mo
SectorEnterprise, Development, Open Source, Cyber Security, DevSecOps
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
All-new money — no prior investors re-upped.
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 B rounds (996)
Round size distribution38th pct
smaller Series B roundslarger
Post-money valuation9th pct
$35Mthis round: $100M$2.6B
vs. Enterprise, Development, Open Source, Cyber Security, DevSecOps (10)
Round size in sector30th pct
$3Mthis round: $22M$300M
