Photographer: Andrey Rudakov/Bloomberg
Venture Capital

Tech Funding Slowdown Hits Venture Capital Firms

The number of venture funds that closed last year decreased 13 percent.

Venture capital firms raised less money and closed fewer U.S. funds last year, according to data from the National Venture Capital Association, a trade association. With less capital to invest, the decline from 2014 could signal an even tighter funding environment for technology startups this year.

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