Chris Witkowsky

‘Fundraising will go fast’ for early-stage tech, healthcare investor, LP says

Canaan Partners, a backer of Lending Club, Skybox Imaging and Zoosk, is back in the market raising its 10th venture fund targeting $600 million, with a $650 million cap, according to two people with knowledge of the fundraising.

The late-stage life sciences investor reaches hard cap, exceeding its $425 million target

Firm’s focus is late-stage clinical drug development companies

A Pennsylvania-based venture capital firm, TL Ventures, improperly claimed an exemption from the rules of the 2010 Dodd-Frank financial reform law requiring private equity firms to register with the agency as investment advisers, according to a recent ruling by the U.S. Securities and Exchange Commission.

Venrock Associates is seeking $450 million for its seventh fund, $100 million more than its previous fund, which closed in 2010.

Venrock Associates, one of the oldest venture firms in the business, is back in the market targeting $450 million for its seventh fund, according to two limited partners with knowledge of the fundraising.

Venrock Associates, one of the oldest venture firms in the business, is back in the market targeting $450 million for its seventh fund, according to two limited partners with knowledge of the fundraising.

Pension fund commits to Sofinnova, Spark Capital, Ascent Venture and Charlesbank

Meritech Capital Partners, a late-stage investor, is back in the market raising its fifth fund, according to two limited partners with knowledge of the fundraising.