Case Name :      SolidWorks

Authors :           Dan D’Heilly, William D. Bygrave

Source:              Babson College

Case ID:             BAB068

Discipline :        Finance

Case Length :    07 pages

Solution sample availability : YES

Plagiarism : NO (100% Original work)

SolidWorks raised $3.8 million of first-round venture capital and has made excellent progress with that money. It has developed a product that is getting rave reviews. It has established channels of distribution and begun shipping product. SolidWorks estimates that it needs $4.5 million in the second round of financing to take it to profitability. Jon Hirschtick and his team must decide whether to take $4.5 million or as much as $10 million in this round of financing.