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Series B funding

Articles on Series B funding rounds – the stage of investment in a company where it has already proven its concept, shown initial traction, and is now seeking to scale operations and expand into new markets.

Venture Capital Funding

Dealflo secures £10 million in series B funding

Dealflo is an end-to-end financial agreement automation service that condenses all the elements of dealmaking onto one platform. The London headquartered business has received a total of £13.5 million over the years to propel growth.

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Code42 raises $85 in Series B funding round

Leading player in ‘endpoint data protection and security for enterprise’ wins big backing from names including JMI Equity and existing partner Accel.

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Advertising technology business Captify raises £8m in Series B funding round

Smedvig Capital leads on round that also saw investment from existing partners Panoramic Equity Growth.

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Money transfer service Azimo raises $20m in Series B funding round

Financing round was led by Frog Capital with participation from MCI Investments and existing investors.

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Abcodia secures £5.25m to develop ovarian cancer detection technology

Cambridge Innovative Capital and Scottish Equity Partners join existing investors Albion Ventures and UCLB in Series B funding round.

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TrialReach raises $13.5m in Series B funding round

Leading provider of clinical trial information looking to increase presence in US market.

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Qubit adds new venture capital investors through Series B deal

A second major institutional funding round for Qubit has seen the e-commerce business bank $26 million and add new members to the company board.

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DueDil closes $17 million round as it looks to continue ‘exponential’ growth

Company financials business DueDil has completed a Series B fundraising round by going back to its existing pool of investors.

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Financial technology start-up GoCardless rings up $7 million venture injection from Balderton Capital

A Series B funding round for payments start-up GoCardless has secured $7 million of growth capital for the business.

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Lyst aims to further internationalise online fashion offering following $14 million venture capital round

E-commerce fashion business Lyst has secured contributions from Balderton Capital, DFJ Esprit and Accel Partners as part of its Series B funding round.

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New investors added by Green Biologics through £15.4 million round

Green Biologics has now raised over £28 million of venture capital investment following an eight-figure Series B round.

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SwiftKey closes $17.5 million Series B and relocates co-founder to lead US growth

London-based technology company SwiftKey has closed its Series B funding round and netted $17.5 million of growth capital.

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