What The U.S. VC Fundraising World Looks Like Right Now

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Thomson Reuters just released the results of a study conducted by the National Venture Capital Association.  It found 169 U.S. venture capital firms raised $18.167 billion in 2011, up from $13.78 billion in 2010.

While firms are still raising heaps of capital, last quarter showed money is being given to fewer investors.  Dollar commitments were up 162% from Q3 to Q4 but the number of firms able to fundraise (38) declined 41%.  That’s the lowest number of funds raising money since the third quarter of 2009.”This past year we saw more venture capital money raised by essentially the same number of firms [as 2010], a sign that consolidation within the industry is continuing,” Mark Heesen, president of NVCA, said in a press release.

Only nine new funds were raised last quarter, down from 21 in the third quarter of 2011. Khosla Ventures raised the biggest fourth quarter amount at $1.05 billion. Bessemer Venture Partners III raised the most in 2011 at $1.6 billion followed by Sequoia Capital’s $1.3 billion fundraise.

Here’s a breakdown of the annual and quarterly findings:

Q4 2011 VC fundraise

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Q4 2011 VC fundraise

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