Amount$70M
SeriesSeries G
AnnouncedSep 1, 2020
SectorCloud Monitoring & Observability
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series G round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
6 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 G rounds (105)
Round size distribution20th pct
smaller Series G roundslarger
vs. Cloud Monitoring & Observability (16)
Round size in sector88th pct
$1Mthis round: $70M$100M
