Forty-three U.S.-based venture capital funds raised $3.4 billion in Q4 2008, according to data released this morning by Thomson Reuters and the NVCA. That’s a massive drop from both the previous quarter ($8.4b) and the same quarter in 2007 ($11.7b). It also means that 2008 venture fund-raising came in at just $28 billion, which is down 21.4% from the 2007 totals. Download the full release.
1 min read · 19 January 2009
6 min read · 19 January 2009
Allegis Capital, a Palo Alto, Calif.-based early-stage venture firm, has begun raising its sixth fund with a target of between $150 million and $200 million, according to PE Week. www.allegiscapital.com
1 min read · 19 January 2009
Cardio3 BioSciences, a Belgian developer of cell-based therapies for the treatment of cardiovascular diseases, has raised €7.2 million in Series B funding. Backers include Hunza Ventures, Life Science Research Partners and Grifols. In conjunction with the Series B funding, Cardio3 also secured €6.5 million in new cash advances from the Walloon Region General Directorate for Economy, Employment & Research.
6 min read · 19 January 2009
UnboundID Corp., an Austin, Texas-based provider of identity management software for consumer-facing architectures, has raised $2 million in Series A funding led by Silverton Partners.
2 min read · 19 January 2009
3 min read · 19 January 2009
3 min read · 16 January 2009
4 min read · 16 January 2009
InsideView Inc., a San Francisco-based provider of an online sales intelligence application, has raised $6.5 million in second-round funding. Return backers includeEmergence Capital Partners and Rembrandt Venture Partners.
4 min read · 16 January 2009
3 min read · 16 January 2009
