Battery Ventures Joins China Venture Capital Association, China's Premier Venture Capital Organization.WELLESLEY, Mass. -- CVCA CVCA Cuyahoga Valley Christian Academy (Cuyahoga Falls, OH) CVCA Canadian Venture Capital Association CVCA China Venture Capital Association (Hong Kong) CVCA Canada's Venture Capital and Private Equity Association attracts top U.S. venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] to emerging China venture market Battery Ventures, a leading venture capital firm focused on investing in technology companies at all stages of growth, today announced that it has joined the China Venture Capital Association (CVCA) as a regular member. As Battery Ventures becomes more active in the China venture market, it will work closely with the CVCA to understand key market trends, identify optimal partners, and navigate (1) "Surfing the Web." To move from page to page on the Web. (2) To move through the menu structure in a software application. China's emerging venture market. "The China Venture Capital Association has quickly established itself as the most important venture capital organization in China," said Larry Cheng, senior associate, Battery Ventures. "We believe the China venture market will be an exciting place to invest for decades to come. Having seasoned local partners like the CVCA will be critical to our success." The CVCA is a member-based trade organization established to promote the interest and the development of the venture capital and private equity industries in the Greater China Region. Currently CVCA has 97 member firms, which collectively manage over US$100 billion in private equity funds. "Battery Ventures is one of the most respected venture capital firms in the industry, and we are pleased to have them join the CVCA," said Chang Chang (chăng) or Yangtze (yăng`sē`, yäng`dzŭ`), Mandarin Chang Jiang, longest river of China and of Asia, c.3,880 mi (6,245 km) long, rising in the Tibetan highlands, SW Qinghai prov. Sun, chairman, CVCA and managing director, Warburg Pincus Warburg Pincus is a private equity firm with offices in the United States, Europe and Asia. It has been a leading private equity investor since 1971. The firm currently has approximately $14 billion under management, and invests in a range of industries including information and . "Increasingly, we have found that top venture firms from around the globe have not only joined the CVCA, but have also been active in our events. We are excited to have Battery Ventures continue this exciting trend." Much like the National Venture Capital Association (NVCA NVCA National Venture Capital Association ) in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and the European Venture Capital Association (EVCA EVCA European Venture Capital Association EVCA European Private Equity & Venture Capital Association EVCA Evolving Cellular Automata Group (computer algorithms to study evolution) EVCA Endovenous Catheter Ablation ) in Europe, the CVCA expects to play a substantial role in defining the structure and policies of the venture capital industry in China. "We have been thoroughly impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the growth of the CVCA and their ability to attract top venture capital firms like Battery Ventures," said Mark Heesen, president, National Venture Capital Association (NVCA). "We look forward to supporting the CVCA in all of its endeavors as it continues to help shape the China venture market." About Battery Ventures: Battery Ventures is a leading venture capital firm focused on investing in technology companies at all stages of growth. With a team of over 25 experienced investment professionals, Battery leverages its people, expertise and capital to actively guide companies to category dominance. The firm has invested in over 180 technology companies worldwide across the communications, software, infrastructure, and media and content industries. From its offices in Wellesley, MA and San Mateo San Mateo (săn mətā`ō), city (1990 pop. 85,486), San Mateo co., W Calif., on San Francisco Bay; inc. 1894. It is a commercial and retail center with some high-technology manufacturing. San Mateo, Spanish for St. , CA the partnership manages over $1.6 billion in committed capital. The firm's exceptionally strong investment returns have given it one of the best track records in the industry. For more information, visit www.battery.com. About China Venture Capital Organization The China Venture Capital Association (CVCA) is a member-based trade organization established to promote the interest and the development of venture capital and private equity industry in the Greater China Region. Currently CVCA has 93 member firms, which collectively manage over US$100 billion in private equity funds. For more information, visit www.cvca.com.hk. For membership information, visit www.cvca.com.hk/membership. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion