The second round of funding for the group, Consim 
Info, came from Mayfield Fund, (along with the existing investors) for a whopping $1,175 million. Whenever a company gets these kinds of funding it gives it a great boost. With capital at your disposal you can go out and grab each opportunity that awaits you, as money is no longer an issue to ponder about. Also your credibility in the marketplace increases as you have prestigious names that are backing you and your business ventures. All this helps in attracting good talent towards the organisation, as great minds would work with vigour when they know that their monetary needs would be well met by the organisation in both the short & the long run. More money in your hand also helps you to grow faster than the market.
Apart from all these, the fundings from these Venture Capitalists (VCs) have also helped the group in streamlining the business and putting proper processes in place. We also got more professional guidance and now are strengthening our top management further, through the support of our investors. We have been enjoying these fundings for a couple of years now and as one knows the average span of any VC is normally 3-5 years, so we have a couple of more years to enjoy these liberties and make our systems stronger before we are ready to test the markets through our IPO.
Info, came from Mayfield Fund, (along with the existing investors) for a whopping $1,175 million. Whenever a company gets these kinds of funding it gives it a great boost. With capital at your disposal you can go out and grab each opportunity that awaits you, as money is no longer an issue to ponder about. Also your credibility in the marketplace increases as you have prestigious names that are backing you and your business ventures. All this helps in attracting good talent towards the organisation, as great minds would work with vigour when they know that their monetary needs would be well met by the organisation in both the short & the long run. More money in your hand also helps you to grow faster than the market.Apart from all these, the fundings from these Venture Capitalists (VCs) have also helped the group in streamlining the business and putting proper processes in place. We also got more professional guidance and now are strengthening our top management further, through the support of our investors. We have been enjoying these fundings for a couple of years now and as one knows the average span of any VC is normally 3-5 years, so we have a couple of more years to enjoy these liberties and make our systems stronger before we are ready to test the markets through our IPO.
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