Vedran Sindrik

you have to understand the more your API is popular, the more data we need to handle and the more data we need to process.

Exactly, exactly.

So if you have an API, essentially, and other people are using or you are internally using.

So imagine...

I don't know, like a game that you have on your phone, right?

That's using API.

So you can add Treble to that API and you'll have better understanding what's going on with either your app or multiple apps for your API.

So right now we've got around 200 customers.

Literally, officially, we didn't even launch, but we exist for, I would say, the past six months.

We've kind of done, I would say, an open beta where we gave our internal clients the software and they just kept recommending it to other developers.

Now we raised our first seed round and we're actually officially planning to launch in November this year.

We raised $1.4 million.

Priced round.

Sorry, convertible.

Sorry, sorry.

So what do you mean by that?

Oh, yeah.

So they put 1.4 million and valued the company at 5 million.

Pre-money.

So it wasn't actually...