Amount$12M
SeriesSeries B
AnnouncedJan 31, 2015
Time since last round416 mo
SectorEnterprise, Cyber Security, Mobile Security
Sub-sectorMachine Learning
Strong
A strong, well-structured round.
Round size vs peers
Smaller than the typical Series B round.
Syndicate size
Healthy syndicate of 4 investors.
Insider conviction
4 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
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 distribution16th pct
smaller Series B roundslarger
vs. Enterprise, Cyber Security, Mobile Security (4)
Round size in sector50th pct
$8Mthis round: $12M$25M
