Amount$40M
SeriesSeries A
AnnouncedJan 1, 2016
Time since last round583 mo
SectorStorage, Computing, Data Center, Infrastructure, Data, Enterprise
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (3.6×).
Syndicate size
2 investors on the cap table.
Insider conviction
2 existing investors re-upped — insiders doubling down.
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 A rounds (995)
Round size distribution89th pct
smaller Series A roundslarger
vs. Storage, Computing, Data Center, Infrastructure, Data, Enterprise (5)
Round size in sector40th pct
$40Mthis round: $40M$118M
