Business that raises series C funding are already successful and they are just looking for extra funding to help them develop new products, expand into new markets or can even acquire other companies. The main motive of investors in this stage is to receive more than the double amount back. Series C funding is focuses on scaling the company, growing as quickly and successful as possible. Here in this funding mostly hedge funds, investment bank, private equity firm are accompanied by the above mentioned investors the reason is that company has already proven itself to be a successful business