Amount$73M
Post-money valuation$375M
SeriesSeries D
AnnouncedJan 4, 2022
Time since last round462 mo
SectorComputing, Data, Storage, Software Defined (SD), Enterprise
Sub-sectorArtificial Intelligence, Machine Learning
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Series D round.
Syndicate size
8 investors on the cap table.
Insider conviction
6 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 D rounds (1,000)
Round size distribution43th pct
smaller Series D roundslarger
Post-money valuation6th pct
$65Mthis round: $375M$6B
vs. Computing, Data, Storage, Software Defined (SD), Enterprise (7)
Round size in sector71th pct
$10Mthis round: $73M$135M
