Guess Who Raised The Most Money Last Quarter? Hint: "RIP: Good Times"

Matt Marshall at VentureBeat combs through the latest VC data from Thomson Reuters and the National Venture Capital Association and pulls out two nuggets:

  • Only 55 VC firms raised funds last quarter, down from 78 a year ago. That number is the lowest in two years. But the total amount raised last quarter — $8.1 billion — is only down $500 million y/y.
  • Sequoia Capital — the same company that held the highly publicized “Holy S**t” meeting last week — raised more money than anyone else: Its “US Growth Fund IV” raised $925 million. That fund is supposed to invest in later-stage companies that it hasn’t bet on in the past, so it presumably won’t be taking stakes in any of the companies Sequoia summoned to its offices last week.

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Sorry Startups. Party’s Over

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