By the time a venture-backed company reaches its Series D financing round, it will have undoubtedly passed many tests and answered many questions. For the most part, the Series D stage is reserved for companies that are on the verge of a major move—whether it's scaling internationally, preparing for an IPO or something else. Given that these companies are so established and proven, it's no surprise that the size of most Series D financings is rather large. But the Series D has been on a whole new level in 2014. Venture capital invested through Series D financings has reached a record high this year, according to the PitchBook Platform, already hitting $6.45 billion—an increase of about 30% from all of 2013 ($4.9 billion). Median deal size for the round has skyrocketed; while staying between $14 million and $16 million from 2010 to 2013, the median deal size of Series D rounds so far this year has been $28.5 million. Here are some of the largest Series D investments of 2014 so far:
To see which other companies have received Series D funding, as well as their investors, additional financing history, valuations and more, explore additional data on the PitchBook Platform by clicking here.