Funding

Venture Capital Term Sheets – What to know

May 16, 2017

Term sheets are an integral element of fundraising from investors and Venture Capital funds. After your investment pitch builds investor interest and develops into negotiation a term sheet becomes the basis on which an initial agreement on deal terms is signed. The parties can then go into detailed due diligence to hammer out all the specific and close on the actual investment knowing that there is intention round the table to complete the process.

Entrepreneurs must be proficient and knowledgeable when it comes to term sheets – you can rely on legal counsel and your CFO for a lot of backup and expertise but this doesn’t preclude the need for the entrepreneur to understand the details in a term sheet.

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Funding

Hashicorp, A tempCFO Client, Raises $24M Series B Funding

September 09, 2016

DevOps infrastructure software provider Hashicorp, a tempCFO client, has raised $24M in Series B funding. Hashicorp offers open source tools and enterprise services for the entire application delivery spectrum. The Series B financing round was led by GGV Capital, with additional financing from Mayfield, True Ventures, and Redpoint. It was announced on September 7 at HashiConf 2016 in Napa, California.

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