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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