BioCentury
ARTICLE | Finance

Sticking with big

Why Canaan is sticking with hybrid venture model for $675M tenth fund

October 20, 2014 7:00 AM UTC

At a time when many venture firms have been raising smaller funds, Canaan Partners closed its tenth at $675 million.

The firm also is sticking with its hybrid investment model, with about two-thirds of the new fund going toward IT and the balance, about $225 million, to healthcare...