Venture Capital: Northwest Money Being Raised?

Seattle-based venture funds are raising money.  The Madrona Venture Group closed a fund of $300 million in June 2012.  Geekwire reports that Divergent Ventures has raised $6.9 million of may be a much larger fund.   SEC filings indicate that Frazier Healthcare and Voyager Capital  are also raising capital.

Dow Jones reports that 82 venture capital funds have raised $13 billion during the first six months of 2012, 31% over  last year.

Source:  John Cook, Geekwire, July 9, 2012.