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VC fundraising hits 7-year low – Washington Business Journal:

In Venture Capital on July 13, 2009 at 4:19 pm

VC fundraising hits 7-year low – Washington Business Journal:.

VC fundraising hits 7-year low – Washington Business Journal

washington.bizjournals.com The recession caught up with venture capitalists. The firms raised $1.7 billion in the 2Q ’09, the lowest quarterly raise in > 7 years. Only 25 firms reported raising money nationally, (Thomson Reuters & the National Venture Capital Association). The $1.7 billion raised in 2Q of 2009 < 1/5 of the 2008 2Q total of $9.3B when 82 firms raised money.

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