New York - U.S. venture capital firms raised $4.9 billion from 48 funds during the fourth quarter of 2013, an increase of 12 percent compared to the level of dollar commitments raised during the third quarter of 2013, but a 21 decrease by number of funds, according to Thomson Reuters and the National Venture Capital Association (NVCA). The dollar commitments raised during the fourth quarter of 2013 is a 53 percent increase from the levels raised during the comparable period in 2012 and marks the strongest quarter for venture capital fundraising, by dollars, since the third quarter of 2012. Venture capital firms raised $16.7 billion from 185 funds during full year 2013, a 15 percent decline by dollar commitments compared to full year 2012 and the slowest annual period for fundraising since 2010.
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