Fewer chasing venture capital

From: New Haven Register | Date: April 15, 2008| Author: Cara Baruzzi | Copyright information

By Cara Baruzzi Register Business Editor

Fewer venture capital firms raised money during the first quarter of this year than did a year ago, but the total dollars invested remained roughly the same, according to a report released Monday by the National Venture Capital Association and Thomson Financial.

Nationwide, 57 firms raised funds in the first quarter, down 31 percent from the 83 firms that raised money in the first quarter of 2007. The amount of money raised, however, was r...

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