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.