Amount$40M
SeriesSeries E
AnnouncedAug 21, 2013
SectorCRM & Sales Software
Solid
A solid round with healthy fundamentals.
Round size vs peers
Smaller than the typical Series E round.
Syndicate size
Single investor — limited external validation.
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 distribution13th pct
smaller Series E roundslarger
vs. CRM & Sales Software (5)
Round size in sector100th pct
$2Mthis round: $40M$40M
