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Investments

Aug. 13, 2010

Venture Funds Continue Growth

Valuations rose in the second quarter for Silicon Valley technology and life sciences companies raising later rounds of venture financing.

By Jill Redhage

Daily Journal Staff Writer

Mountain View-based Fenwick & West reported good news for venture capital-backed technology and life sciences companies in Silicon Valley: 55 percent of the financing rounds conducted during the second quarter of 2010 valued these companies at a higher price per share than their previous financing rounds did.

"The good news is that the amount of dollars that venture capitalists invested last quarter was up, ...

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