Amount$70M
SeriesSeries E
AnnouncedJun 1, 2016
SectorCloud Monitoring & Observability
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series E round.
Syndicate size
Healthy syndicate of 5 investors.
Insider conviction
5 existing investors re-upped — insiders doubling down.
Investor track record
A mix of established and emerging 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 distribution26th pct
smaller Series E roundslarger
vs. Cloud Monitoring & Observability (16)
Round size in sector88th pct
$1Mthis round: $70M$100M
