Amount$3M
SeriesSeed
AnnouncedAug 1, 2013
SectorCloud Computing, Edge Computing, SaaS, Storage Solutions, Managed Services, Enterprise, Cloud, Storage
Sub-sectorArtificial Intelligence
Strong
A strong, well-structured round.
Round size vs peers
In line with the typical Seed round.
Syndicate size
Single investor — limited external validation.
Insider conviction
1 existing investor 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. Cloud Computing, Edge Computing, SaaS, Storage Solutions, Managed Services, Enterprise, Cloud, Storage (4)
Round size in sector50th pct
$3Mthis round: $3M$7M