With several raising significant amounts while having still 40 mln in cash in the bank you wonder whether they feel this is the perfect time to raise money....
We are quadrupling the operating cash we have on hand with the addition of $60 million in new funding, bringing our total funding to $105 million. To our customers: Thank you. You amazing pioneers. You sent us 160 million of your hard-earned dollars last month, and it looks like you’ll send us even more this month. Don’t you know we’re just a bunch of data nerds and coding geeks? Yes, and a few cool designers, some of the country’s most impressive PhDs, CFA® charterholders, and CFP® professionals, and maybe a couple of Kanban masters and growth hackers. But why do you have so much faith in us?