New Report, Same Result: VC Fundraising Drops in Q2

U.S.-based venture capital funds raised just $1.7 billion in the second quarter of 2009, according to data released this morning by Thomson Reuters (publisher of peHUB) and the National Venture Capital Association. The results are in line with earlier reports, and represent the lowest quarterly total in more than six years.

Just 25 funds raised capital last quarter, which is the smallest number since Q3 1996. The largest Q2 success story was Domain Associates, a healthcare-focused VC shop that secured $371.1 million for its eighth fund. Get full more data below: