Amount$25M
Post-money valuation$85M
SeriesSeries A
AnnouncedDec 8, 2010
SectorMobility, Navigation
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Series A round (2.3×).
Syndicate size
Healthy syndicate of 4 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 A rounds (995)
Round size distribution79th pct
smaller Series A roundslarger
Post-money valuation21th pct
$12Mthis round: $85M$1B
vs. Mobility, Navigation (7)
Round size in sector43th pct
$4Mthis round: $25M$50M
