Alphabet Rounds

(redirected from B-Round)

Alphabet Rounds

The early attempts for a start-up to procure financing for itself through the issue of bonds or some other means. The term derives its name from the fact that the first attempt is called an A-round, the second attempt is called a B-round, and so forth.
References in periodicals archive ?
The company got initial venture funding from Philadelphia-based 1315 Capital and received an additional $17.6 million in B-round funding from the same firm.
Its expansion is likely to continue with a new $22.5 million B-round led by Ribbit Capital.
BANKING AND CREDIT NEWS-December 17, 2015-Cloudyn raises USD11m in B-Round led by Carmel Ventures
M2 EQUITYBITES-December 17, 2015-Cloudyn raises USD11m in B-Round led by Carmel Ventures
University of Hawaii's Weinman Professor of Entrepreneurship Rob Robinson says the $30 million commitment is significant in that the monies will help local start ups secure larger, later-stage funding, which has typically proved challenging, since it's difficult for them to get the attention of Mainland VC funds: "We've seen a tremendous amount of growth in the last three or four years, in the availability of seed funding, but what Kamehameha Schools' effort does is help companies look beyond, to the later stage b-round type of financing, which is an area that's been lacking for a long time."
That was encouraging enough for Mobius, IDG and San Jose-based Siemens Venture Capital to issue a B-round of funding for $7 million this past fall.