NEW YORK, NY – U.S. venture capital firms raised $7.0 billion from 61 funds during the first quarter of 2015, a decrease of 24 percent compared to the number of funds raised during the fourth quarter of 2014, but a 21 percent increase by dollar commitments, according to the Fundraising Report by Thomson Reuters and the National Venture Capital Association (NVCA). Venture capital dollar commitments during the first quarter of 2015 declined 30 percent compared to the first quarter of 2014, which saw fundraising commitments surpass $10.0 billion during a three-month period for the first time since 2007. The number of funds raised during the first quarter of 2015 marks the lowest quarter for venture capital funds since the second quarter of 2013.
