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Growth

Venture fundraising was down in the first quarter of 2012, according to Thomson Reuters and the National Venture Capital Association (NVCA). Forty-two US venture capital funds raised $4.9 billion for the quarter, marking a 35 percent decrease by dollar commitments and a 9 percent decline by number of funds compared to the first quarter of 2011, which saw 46 funds raise $7.6 billion during the period. The number of funds raising money during the quarter fell to its lowest levels since the third quarter of 2009, when 36 venture capital funds saw new capital commitments, according to Thomson Reuters and NVCA.

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