Amount$6M
SeriesSeries B
AnnouncedSep 30, 2012
Time since last round350 mo
SectorEnterprise, Enterprise Support, Digital Adoption
Sub-sectorMachine Learning, Natural Language Processing
Solid
A solid round with healthy fundamentals.
Round size vs peers
Far below the typical Series B round — well under the median.
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.
vs. Series B rounds (996)
Round size distribution5th pct
smaller Series B roundslarger
vs. Enterprise, Enterprise Support, Digital Adoption (9)
Round size in sector22th pct
$1Mthis round: $6M$90M
