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Founded in 1987, Canaan Partners has a team of investment professionals with extensive technology, infrastructure, communications and life sciences experience. Canaan currently manages investment capital across ten funds, and has invested in more than 250 companies. The firm maintains East Coast offices in Westport, CT, as well as offices in Israel and India. Canaan's investment capabilities range from $1.0 million to $20 million, and it is willing to invest in any stage of development from early through expansion stage. In the technology sector, the firm's focus is investments in digital media, communications and mobility, enterprise, and clean tech. In the healthcare sector, the firm looks for investments in biopharmaceuticals, medical devices and diagnostics. In January 2012, Canaan announced the closing of its $600 million Canaan IX fund. In October of 2014, the firm raised $675 million in commitments for Canaan X. Canaan Partners' tenth fund brings the total capital under management to over $6 billion. The portfolio of entrepreneurial muscle includes 70 IPOs and 145 M&As.
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