NEW YORK, NY – U.S. venture capital firms raised $12.0 billion for 57 funds during the first quarter of 2016, a 59 percent increase by dollar commitments from the first quarter of 2015 and a 17 percent decrease in number of funds raised, according to the Fundraising Report by Thomson Reuters and the National Venture Capital Association (NVCA). This marks the strongest quarter for dollars raised by U.S. venture capital firms since the second quarter of 2006 when 79 funds raised $14.3 billion.
