Series B funding is the second stage of funding for a startup. This stage usually takes place once the company has met certain milestones and has already completed its initial setup of the company. Generally, this stage of funding sees investors pay a higher price per share for investing in the company.
In Series B funding, previous investors may want to up their stake in the company depending on how successful the company was following the initial funding round. In addition to previous investors, private equity investors, venture capitalists, and credit investments are all common investors in Series B funding rounds.