Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

money

Venture-capital fundraising in the U.S. plummeted 35% in the first quarter of 2012 – but the industry is hoping investors are just taking a breather before they begin pledging more funds in earnest.

The total pot at the end of the quarter was $4.9 billion raised by 42 separate funds, including ones from Canaan Partners and Bain Capital Ventures. That’s 9% fewer participating funds than the same quarter a year earlier, which raised $7.6 billion.

To read the full, original article click on this link: Venture-capital fundraising plunges 35% in first quarter - latimes.com