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VC-backed IPOs rebound in second quarter

VC-backed IPO activity rebounded in Q2, as 27 companies raised $3.4 billion in proceeds, according to a report from the National Venture Capital Association and Thomson Reuters. But M&A activity slumped despite LinkedIn’s purchase of Lynda.com.

NVCA appoints True Ventures’ Callaghan as chairman

The National Venture Capital Association has named Jon Callaghan chairman of its board of directors. A founder and general partner of True Ventures, Callaghan is succeeding Scott Sandell, general partner of New Enterprise Associates. In addition to this appointment, ten new board members were announced at NVCA’s annual meeting held in San Francisco. Among them are Mike Carusi, general partner of Lightstone Ventures; Jeff Clavier, founder and managing director of SoftTech VC; Michael Dixon, a partner at Sequoia Capital; and Mary Meeker, a partner at Kleiner Perkins Caufield & Byers.

Venture funds rake in $5.6 bln for fourth quarter 2014 – Thomson Reuters/NVCA

According to a report issued by Thomson Reuters and the National Venture Capital Association, U.S. venture firms raised $5.6 billion from 75 funds during the fourth quarter of 2014. This figure marked an increase of 14 percent versus the number of funds raised during the the third quarter of 2014. Yet it was a nine percent decrease by dollar commitments. However, for the entire year of 2014, venture firms racked up $29.8 billion from 254 funds, a 69 percent increase by dollar commitments as opposed to 2013. This was the strongest annual period for fundraising dollars since 2007. To read the release about the report, visit here.

 

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VC-backed IPOs racked up $4.4 bln in Q4 ’14 – Thomson Reuters/NVCA

According to a report issued by Thomson Reuters and the National Venture Capital Association, 27 venture-backed IPOs raised $4.4 billion for the fourth quarter of 2014. This figure marks an 18 percent increase from the third quarter of ’14 as well as a 68 percent increase, in terms of dollars, versus the previous quarter.

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