Amount$50M
SeriesSeries E
AnnouncedApr 30, 2016
Time since last round350 mo
SectorEnterprise, Enterprise Support, Digital Adoption
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series E round.
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 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 E rounds (478)
Round size distribution19th pct
smaller Series E roundslarger
vs. Enterprise, Enterprise Support, Digital Adoption (9)
Round size in sector78th pct
$1Mthis round: $50M$90M
