Amount$10M
SeriesSeed
AnnouncedFeb 27, 2012
SectorCyber Security, Enterprise, Cloud
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Seed round (3.6×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
