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Series C funding

Articles and news on Series C funding – the stage of financing for companies that have demonstrated significant growth and are looking to scale further. This round is usually characterised by higher valuations and a focus on growth and profitability rather than just survival.

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Funding Circle kicks off US operations following $37 million Series C

Peer-to-peer lending platform Funding Circle is taking on the American market having been charged for growth through a deal led by Accel Partners.

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WorldStores takes VC fundraising to £21 million through latest Serena Capital-led deal

A Series C round worth £10 million has been secured by WorldStores as part of the online retailer's efforts to grow its supplier network.

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Salesforce.com joins Anaplan’s Series C round late to take VC takings over $50 million

Anaplan has added to the $30 million it secured in March by securing an extra $3 million as part of its Series C round.

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Anaplan raises $30 million to fund expansion efforts in locations including the UK

Cloud software company Anaplan has added to its venture capital takings by securing $30 million (£19.8 million) through a deal led by Meritech Capital.

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Mimecast closes Series C and nets $62 million

Insight Venture Partners has joined Dawn Capital to lead a Series C funding round into Mimecast.

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SnapLogic takes on new backers and closes Series C

London and California-based SnapLogic has used its Series C funding round to acquire a further $20 million (£12.3 million) of development capital.

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Online financing firm Kabbage raises funds ahead of UK launch

A Series C funding round for Kabbage has seen it net a further $30 million (£18.5 milion) of growth capital.

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Accel Partners lead Correlsense Series C round

UK and US-based software business Correlsense has closed its Series C fundraising round and attracted investment from the likes of Accel Partners and Vertex Venture Capital.

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Google Ventures invests in cloud company

Egnyte, a California-based 'hybrid cloud' company, is planning to expand into the UK following a third round of funding led by Google Ventures.

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Nexeon raises £40 million in Series C funding round

Battery materials company Nexeon has received a £40 million funding boost following a Series C investment led by existing investor Imperial Innovations.

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Jon Moulton backs Q Chip’s Series C financing round

Venture capitalist Jon Moulton has joined a $6 million (£3.6 million) Series C financing round in Q Chip, led by Limburg Ventures and Nedermaas Hightech Ventures.

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GetJar raises £14.4 million for open apps

Smartphone app developer GetJar has raised $25 million (£14.4 million) in a third round of funding to continue development of its open app store.