Amount$10M
SeriesSeries A
AnnouncedJun 30, 2016
Time since last round411 mo
SectorEnterprise, Cyber Security, Containers Security, Cloud, Cloud Native
Sub-sectorArtificial Intelligence, Machine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series A round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 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 A rounds (995)
Round size distribution43th pct
smaller Series A roundslarger
vs. Enterprise, Cyber Security, Containers Security, Cloud, Cloud Native (4)
Round size in sector50th pct
$3Mthis round: $10M$33M
