Canaan Partners Closes 800 Million Fund Largest To Date
According to a blog post released by the company, the fund, dubbed the Canaan XI, is an early stage technology and healthcare fund that will focus on the core areas of those industries. The fund will be the largest to date for Canaan Partners by quite a bit, dwarfing the $600 million it raised in 2012 and still notably larger than its $675 million fund it closed in 2014. The round was led by longtime supporters Limited Partners and HarbourVest Partners, who have been more than impressed with Canaan Partners return on investment in recent years....