Amount$32M
Post-money valuation$500M
SeriesSeries C
AnnouncedApr 30, 2019
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 C round.
Syndicate size
Healthy syndicate of 6 investors.
Insider conviction
2 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 C rounds (999)
Round size distribution34th pct
smaller Series C roundslarger
Post-money valuation27th pct
$29Mthis round: $500M$3B
vs. Computing, Data, Storage, Software Defined (SD), Enterprise (7)
Round size in sector29th pct
$10Mthis round: $32M$135M
