Amount$30M
Post-money valuation$210M
SeriesSeries B
AnnouncedOct 18, 2011
SectorMobility, Navigation
Solid
A solid round with healthy fundamentals.
Round size vs peers
In line with the typical Series B round.
Syndicate size
2 investors on the cap table.
Insider conviction
All-new money — no prior investors re-upped.
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 B rounds (996)
Round size distribution54th pct
smaller Series B roundslarger
Post-money valuation19th pct
$35Mthis round: $210M$2.6B
vs. Mobility, Navigation (7)
Round size in sector71th pct
$4Mthis round: $30M$50M
