Financing round – n : a discrete fund-raising event
for a company, usually occurring over the course of several weeks to no more
than a few months, during which the company raises financing with a specific series
of stock or security, at a set price or valuation. Each time a company raises
money, it completes a financing round. A company will set a goal to raise a set
amount of capital in each round at a certain valuation or price per share. Once
that amount of money is raised, the round is closed. In the case of preferred
stock, each financing round is referred to as a series (e.g., Series A, or
Series B).
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Adapted from "The CompanyCrafters Entrepreneur's Dictionary"
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