Amount$175M
Post-money valuation$4.7B
SeriesSeries E
AnnouncedMar 11, 2021
Time since last round6 mo
SectorEnterprise, Development, Open Source, Cyber Security, DevSecOps
Sub-sectorMachine Learning
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Party round (10 investors) — diffuse ownership and signal.
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 E rounds (478)
Round size distribution65th pct
smaller Series E roundslarger
Post-money valuation72th pct
$103Mthis round: $4.7B$10.2B
vs. Enterprise, Development, Open Source, Cyber Security, DevSecOps (10)
Round size in sector70th pct
$3Mthis round: $175M$300M
