Funding round
Illumio Series C
Illumio, which works in AI-Driven cybersecurity solutions development in Sunnyvale, raised $82M in a Series C round announced on 14 Apr 2015, at a $1.00B post-money valuation. 9 firms took part. It is Illumio's third venture round on record; the one before was a Series B in Sep 2013.
$82M
Amount raised
$1.00B
Post-money valuation
$918M pre-money
9
Investors
no lead named
7.6x
Step-up from the Series B
$132M in Sep 2013
8.2%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Illumio at $1.00B after the new money, 7.6 times the $132M of its Series B (Sep 2013). The $82M bought investors about 8.2% of the company. It came 19 months after Illumio's Series B. It is 15% of the $540M Illumio has raised in the venture rounds on record. Illumio raised again 26 months later: a Series D round of $125M in Jun 2017. Its next priced round, a Series E in Feb 2019, valued it at $1.72B.
Illumio's funding rounds
Illumio has 6 venture rounds on record. This one is highlighted.
- Series A 8 Feb 2013 $8.0M$16M post-money
- Series B 1 Sep 2013, led by General Catalyst $35M$132M post-money
- Series C this round 14 Apr 2015 $82M$1.00B post-money
- Series D 7 Jun 2017, led by J.P. Morgan Asset Management $125M
- Series E 7 Feb 2019, led by J.P. Morgan Asset Management $65M$1.72B post-money
- Series F 24 Jun 2021, led by Thoma Bravo $225M$2.75B post-money
Investors
Who put money in
9 firms took part; no lead investor was named.
Investors
- AME Cloud Ventures backs 105 venture-backed companies
- Andreessen Horowitz backs 722 venture-backed companies
- Blackrock Holdings
- Formation 8
- General Catalyst backs 574 venture-backed companies
- backs 30 venture-backed companies
- backs 9 venture-backed companies
- Tao Capital Partners
- backs 74 venture-backed companies
Comparable rounds
How it compares
100 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $25M, and this round was 3.3 times the median. The closest in time, other companies' Series C rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 2 Apr 2015 | $62M | $200M | Technology Crossover Ventures |
| Tech Companies | 14 Apr 2015 | $30M | not disclosed | Redpoint Ventures |
| Tech Companies | 8 Apr 2015 | $23M | not disclosed | Next World Capital |
| Tech Companies | 7 Apr 2015 | $21M | not disclosed | not named |
| Tech Companies | 8 Apr 2015 | $18M | not disclosed | Jump Capital and Edison Partners |
| Tech Companies | 7 Apr 2015 | $17M | not disclosed | not named |
| Tech Companies | 28 May 2015 | $25M | not disclosed | Heritage Group and HLM Investment Partners |
| Tech Companies | 7 May 2015 | $20M | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Illumio raise in its Series C round?
Illumio raised $82M in its Series C round, announced in Apr 2015.
Which investors took part in Illumio's Series C round?
AME Cloud Ventures, Andreessen Horowitz, Blackrock Holdings, Formation 8, General Catalyst and Harmony Partners and 3 more.
What was Illumio's valuation at the Series C round?
$1.00B post-money ($918M pre-money).
How does it compare with other Series C rounds in Tech Companies?
100 Series C rounds in Tech Companies within a year either side disclosed an amount; the median was $25M, and this round was 3.3 times the median.
Did Illumio raise again after this round?
Yes: a Series D round in Jun 2017 of $125M.