Industry NewsMarkets & Economy

Venture capital still at a trickle

Funds with track records able to raise money
Published on Apr 14, 2009

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by CareyBot

Only 40 venture capital funds raised money in the first quarter of 2009 -- the smallest number since the third quarter of 2003.

But the $4.3 billion raised by those firms represented a 23 percent increase from the last quarter of 2008, according to Thomon Reuters and the National Venture Capital Association.