Amount$10M
SeriesSeries B
AnnouncedJun 14, 2017
Time since last round515 mo
SectorOpen Source, Cloud, Cyber Security, Enterprise, Development
Sub-sectorMachine Learning, Natural Language Processing
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 3 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 B rounds (996)
Round size distribution13th pct
smaller Series B roundslarger
vs. Open Source, Cloud, Cyber Security, Enterprise, Development (4)
Round size in sector50th pct
$2Mthis round: $10M$75M