SAN FRANCISCO (AP) - Venture capitalists secured $6.53 billion for their future investments during the first quarter, putting the industry on pace to boost its fundraising efforts for the fourth consecutive year.
The amount committed to 51 venture capital funds represented a 21 percent increase from the $5.39 billion raised at the same time last year, according to statistics released Monday by Thomson Venture Economics and the National Venture Capital Association.
Tuesday, April 18, 2006
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