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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.

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TagMan closes $5 million Series B round

Digital marketing company TagMan has closed a $5 million (£3.1 million) Series B financing round after securing funding from Greycroft Partners and iNovia Capital.

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Fidelity leads £3.5 million Wahanda investment

Online health and beauty marketplace Wahanda has raised £3.5 million in a Series B investment round led by venture and growth equity investor Fidelity Growth Partners Europe.

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Atlas Genetics closes £16.9 million Series B financing

Novartis Venture Funds has led a £16.9 million Series B financing for Atlas Genetics that will be used to accelerate the launch of a new product for the testing of sexually transmitted diseases (STDs).

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Prosonix raises £11.4 million in Series B financing

Respiratory medicines business Prosonix has announced the completion of an £11.4 million Series B financing round led by Paris-based Ventech.

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Enecsys raises £25 million in a second close

Solar power company Enecsys has secured £25 million in a Series B fundraising round to finance growth plans centred on consolidating operations in Europe and the US.

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Huddle in Series B round

A provider of 'online workspaces' that allow people to collaborate on projects via the web has secured $10.2 million (£7.1 million).

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RainStor raises Series B round

Data management software company RainStor has raised US$7.5 million (£5 million) from institutional and strategic investors.

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Cognitive Match in Series B round

A developer of software that helps online publishers adapt their content to individual users has secured $2.5 million (£1.6 million) of equity finance.

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Mimecast secures £13 million

Email management company Mimecast has received £13 million in a Series B funding round from two venture capital firms.

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Greenpeak Technologies closes Series B round

Semiconductor developer Greenpeak Technologies has raised €13 million (£11.6 million) in a Series B round.

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Dublin drug company raises €18 million

Opsona Therapeutics, a drug development company based in Dublin, has completed a Series B round of funding.

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