Funding round
Dataminr Series C
Dataminr, which works in real-time intelligence platform development in New York, raised $30M in a Series C round announced on 12 Jun 2013, led by Venrock and Institutional Venture Partners. 5 firms took part. It is Dataminr's first venture round on record.
$30M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
Dataminr did not disclose a valuation in this round. It is Dataminr's first venture round on record, 4 years after it was founded in 2009. It is 2.7% of the $1.11B Dataminr has raised in the venture rounds on record. Dataminr raised again 22 months later: a Series D round of $130M in Apr 2015. Its next priced round, a Series E in Jun 2018, valued it at $1.60B.
Dataminr's funding rounds
Dataminr has 5 venture rounds on record. This one is highlighted.
Investors
Who put money in
Venrock and Institutional Venture Partners led the round with 3 other firms.
Lead investors
- Venrock backs 93 venture-backed companies new investor
- Institutional Venture Partners new investor
Also in the round
- GSV Capital new investor
- backs 11 venture-backed companies new investor
- Wharton Equity Partners new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
77 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $20M, and this round was 1.5 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 3 Jun 2013 | $4.0M | not disclosed | Osage Venture Partners |
| Tech Companies | 9 Jul 2013 | $22M | not disclosed | Menlo Ventures and Iris Capital |
| Tech Companies | 18 Jul 2013 | $20M | not disclosed | eCAPITAL |
| Tech Companies | 17 Jul 2013 | $16M | not disclosed | Sequoia Capital |
| Tech Companies | 16 May 2013 | $13M | not disclosed | FSN PME |
| Tech Companies | 16 Jul 2013 | $5.0M | not disclosed | Toba Capital |
| Tech Companies | 18 Apr 2013 | $20M | not disclosed | RockPort Capital |
| Tech Companies | 23 Aug 2013 | $18M | not disclosed | Lakestar |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Dataminr raise in its Series C round?
Dataminr raised $30M in its Series C round, announced in Jun 2013.
Who led Dataminr's Series C round?
Venrock and Institutional Venture Partners led it, with GSV Capital, Deep Fork Capital and Wharton Equity Partners.
What was Dataminr's valuation at the Series C round?
It was not disclosed.
How does it compare with other Series C rounds in Tech Companies?
77 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $20M, and this round was 1.5 times the median.
Did Dataminr raise again after this round?
Yes: a Series D round in Apr 2015 of $130M.