VC Fundraising Up 62%

The latest Venture Economics Report is out. Venture capitalists rounded up another $5.4B during the third quarter. The total amount committed to 45 venture funds during the three months ended in September represented a 12% increase from the $4.8B collected by 54 funds at the same time last year.

Read - U.S. venture firms raised more in the first three quarters of 2005 than all last year (Red Herring)