Money

Venture capital fundraising for early stage funds doubled in the first half of the year to $3 billion compared with the same period last year, according to a report by Dow Jones.

Among the firms that have raised funds were Felicis Ventures, a well-respected early stage investment group with a new $70 million fund targeting bioinformatics, and other sectors.

Healthcare IT companies are likely to benefit from the increase as healthcare facilities shift to electronic medical records.

To read the full, original article click on this link: Early stage fundraising by venture firms doubles, health IT companies likely to benefit