second round

second round definition - finance
The round of venture capital financing after the first round, which is seed funding. After the second round there may be several other rounds of funding before the company is purchased or an initial public offering (IPO) is done. Later-stage funding is called mezzanine financing.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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