Amount$10M
SeriesSeries B
AnnouncedMay 31, 2011
Time since last round624 mo
SectorEnterprise, Cyber Security
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution13th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security (106)
Round size in sector48th pct
$100Kthis round: $10M$37M
