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

NewImage

The Top 10 U.S.-based venture capital funds, based on amount of capital raised during the first quarter of 2014, pulled in $7.3 billion over eight venture capital firms. Accel Partners and Draper Fisher Jurvetson each raised two funds. When it rains it pours.

The first quarter of 2014 was a record-breaking quarter and serves as promise that venture capital, as an asset class, is on the ascend. The amount of capital raised in the fourth quarter was up 81 percent from the fourth quarter of 2013, and up over 100 percent from the first quarter of 2013. Moreover, the first quarter of 2014 marks the strongest quarter for venture capital fundraising since the fourth quarter of 2007, when $10.4 billion was raised.

Image: http://www.huffingtonpost.com