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Article: Walden International Announces New Funds Totaling US$1 Billion; Pacven V and Parallel Funds to Focus on Emerging Technology Ventures in Asia and the United States.
- Article from:
- Business Wire
- Article date:
- April 2, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
SAN FRANCISCO--(BUSINESS WIRE)--April 2, 2001
Walden International, a leading global venture capital firm, today announced the final closing of its most recent fund, Pacven Walden Ventures V, L.P. (Pacven V) and parallel funds. Operating as a single entity under Pacven V, these new funds will provide seed and start-up capital for promising high-growth technology enterprises located primarily in Asia and the United States. Pacven V will target the communications, software, Internet, semiconductors, electronics, implementation services and life sciences sectors.
This announcement follows Walden International's successful year in ...