Tuesday, July 03, 2007

Venture Capital IPO's Best in 7 years

Q2 IPOs hit 6-year high, raising $2.73B

"U.S. venture-backed companies raised $2.73 billion in initial public offerings in the second quarter, according to a report by
Dow Jones VentureOne on Monday.

This more than doubled the $1.25 billion raised via IPO during the same period last year and was the highest amount raised since the third quarter of 2000.

Additionally, the $3.93 billion raised through venture-backed IPOs thus far in 2007 has surpassed the total amount raised through IPO in all of 2006."

Courtesy-Silicon Valley / San Jose Business Journal

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