Photo by Denis Opalja/Shutterstock

Q3 certainly wasn’t a pretty quarter for venture fundraising. In fact, it was downright ugly, with just $1.72 billion raised by 52 U.S.-based venture funds, the smallest amount raised since Q3 2003, according to the National Venture Capital Association and Thomson Reuters (publisher of peHUB).

In contrast, 49 U.S.-based VC funds raised nearly $2.9 billion in the second quarter, and 46 U.S.-based venture funds raised $7.6 billion in the first quarter. (Details from the NVCA are here.)

(Subscribers to Venture Capital Journal can see a complete list of all 52 funds raised in Q3 here at the VCJ website.)

Given the hostile environment in the third quarter, any fund that managed to raise capital in Q3 deserves a pat on the back. Following is a slideshow of the 15 largest U.S.-based funds raised in the third quarter.

(Photo by Denis Opalja/Shutterstock)

No. 15: Storm Ventures Fund IV, L.P.

STORM VENTURES LLC

Fund Name: Storm Ventures Fund IV, L.P.

Amount Raised in Q3 $M: $56.40

Amount Raised to Date $M: $56.40

Fund Size Target $M: n/a

Fund Stage: Early Stage

State: California

Related posts:

  1. Slideshow: Top 10 Largest VC Funds Raised in Q1
  2. Slideshow: Top 10 Buyout/Mezzanine Funds Raised in Q1
  3. Slideshow: Top 10 Largest VC Fundraisings for Q2
  4. Slideshow: Top 10 VC Funds for What’s Shaping Up as a Weak Q3
  5. Slideshow: Early Stage Funds Dominate CalPERS’ Top 10 Venture Funds