Tuesday, July 18, 2006

Venture funds' big rebound

"Fundraising by venture capital firms and their big cousins, buyout firms, is on track to hit new records, which could pump more money into Silicon Valley companies and start-ups.
In the second quarter ended June 30, 50 venture capital firms raised $11.2 billion, the most since the first quarter of 2001 and well beyond the $6.8 billion raised in the first quarter of 2006, according to a report released Monday by Thomson Financial and the National Venture Capital Association."

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