Series
B Round: typically raising over £5,000,000
This is often considered as a building
round, a Series B round of funding effectively continues on the development of
a Series A round.
However, due to the later stage of the
businesses and as the business is more established, this reduces the overall associated risk for
investors and it can attract investment from the next tier of big dogs; venture
capitalists.
The benefits of this next tier are not
just financial, although investors will have a greater amount of money to
invest, but help can come in the form of knowledge and experience, too. After
all who wouldn't want the input of industry professionals? Investors who have
been heavily involved in numerous businesses of varying sizes can bring a lot
more than money, they can bring unbelievable contacts and can save time and
money in a number of ways.
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