Dow Jones VentureOne Adds China to Its VentureSource Database; Market is Ripe for Tracking as More Than $2.8 Billion Has Been Invested in Mainland China over Past Two Years, According to Preliminary Data.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance VentureOne announced today the addition of Chinese data to VentureSource, the venture capital industry's leading online database of venture-backed companies, investors, and financing transactions. The database will now track companies and investors in Mainland China, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , and Taiwan. The addition of Chinese data to VentureSource is the latest element of VentureOne's international expansion. A dedicated team of researchers has been in place in Shanghai Shanghai (shăng`hī`, shäng`hī`), city (1994 est. pop. 12,980,000), in, but independent of, Jiangsu prov., E China, on the Huangpu (Whangpoo) River where it flows into the Chang (Yangtze) estuary. since mid-2005, preparing for this launch. This expansion will add to the 28,000 companies, 7,400 investors, 75,000 financing transactions, and 185,000 executives VentureSource already tracks in the U.S., Europe, and Israel. John Gabbert, managing director of private markets for Dow Jones, notes that the expansion of VentureSource's data to include the Chinese investment community is a necessary move in today's global business environment. "The increasingly global nature of the venture capital industry is creating an ever-larger pool of companies that are outside the traditional investment areas. It is no longer uncommon for U.S. investors to finance deals around the world," Mr. Gabbert said. Highlighting the increased focus on China by 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] , IDG-Accel Partners completed a joint $290 million China fund earlier this year, and Intel Capital closed a $200 million China fund last year. "We have always strived to provide comprehensive data on the venture capital community and VentureSource China allows us to do that," Mr. Gabbert continued. PRELIMINARY DATA FINDINGS FROM VENTURESOURCE CHINA A preliminary review of the aggregate Chinese data in VentureSource shows that $2.81 billion has been directed by venture capitalists Venture Capitalist An investor who provides capital to either start-up ventures or support small companies who wish to expand but do not have access to public funding. Notes: Venture capitalists usually expect higher returns for the additional risks taken. into more than 310 investments in Mainland China between 2004 and the first quarter of this year. By industry, information services See Information Systems. made up more than 38% of the deals in the information technology sector so far this year, and 36% of all deals last year. IT as a whole is responsible for 64% of all Chinese deals through the first quarter, and represented 71% of the deals in 2005. Consumer and business services are the largest segment for Chinese venture capital investment outside of the IT sector, representing more than half the deals in the products and services category. "Reflecting the relative newness of the market, about 70% of the deals in China have been for seed and first round deals for the past two years," noted Stephen Harmston, director of global research at VentureOne. "But the early-stage investment climate still favors established companies. More than 80% of the deals for companies headquartered in China in the past two years have been directed at companies that are either shipping product or already profitable." Interestingly, the median size of deals in China is growing larger, reaching $9 million in the first quarter of 2006, up from $7 million last year and $5.2 million in 2004. By region, companies headquartered in Beijing and Shanghai dominates the investments, but the VentureSource data also shows increasing activity for companies in Shenzhen. CAPABILITIES OF VENTURESOURCE CHINA The VentureSource database's extensive search capabilities enable investors and service providers to target smart investments, perform due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. on potential portfolio companies, and monitor private equity deal flow. The user can compare venture-backed companies by industry, development stage, size, and age, and access complete company histories -- from initial round of financing to liquidity. Furthermore, VentureSource allows for sorting of investors by fundraising
VentureOne's U.S. office in San Francisco has been tracking the market since 1987. VentureOne's London research office has been operating since May 2000, actively tracking the European and Israeli venture capital community. About VentureOne Dow Jones VentureOne (www.ventureone.com and www.venturecapital.dowjones.com), a unit of Dow Jones Financial Information Services, has been the leading provider of finance and investment data to the venture capital industry for almost 20 years. Dow Jones VentureSource, a sophisticated electronic database on the venture capital industry, is published by VentureOne. About Dow Jones Financial Information Services Through its Financial Information Services group, Dow Jones produces focused, sector-specific online databases, newsletters and industry events for the private equity, venture capital and diversified diversified (di·verˑ·s markets. Newsletters published include Private Equity Analyst, VentureWire Professional and Daily Bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most Review. In addition, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; www.dowjones.com) publishes the global Wall Street Journal with its international and online editions; Barron's; the Far Eastern Economic Review; Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July and Indexes; MarketWatch; and Ottaway newspapers. Dow Jones co-owns Factiva with Reuters and SmartMoney with Hearst. Dow Jones also provides news content to CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence) CNBC Consumer News and Business Channel CNBC Congress of National Black Churches, Inc. and U.S. radio stations. Copyright (C) 2006 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion