May 20, 2013 2:53 PM ET

Capital Markets

Company Overview of Canaan Partners

Company Overview

Canaan Partners is a venture capital firm specializing in all stages of development, seed financings, start-ups, and early stage investments, typically Series A and B financings. It typically invests in technology and healthcare sectors. In technology, it focuses on clean technology; electronics and computer hardware; digital media; enterprise software and services; and communications and mobility. In the healthcare sector, it focuses on biopharmaceuticals, drug discovery, healthcare infrastructure, medical devices, and diagnostics. Within digital media and communications, the firm invests in infrastructure technologies through semiconductors, systems, devices, and applications in next gener...

Detailed Description

2765 Sand Hill Road

Menlo Park, CA 94025

United States

Founded in 1987

Phone:

650-854-8092

Fax:

650-854-8127

www.canaan.com

Key Executives for Canaan Partners

Chief Financial Officer and Administrative General Partner; Chief Financial Officer and the Administrative General Partner at Canaan IX
General Partner
Age: 49
Venture Partner
Age: 61
General Partner; General Partner
Age: 54
Compensation as of Fiscal Year 2012.

Canaan Partners Key Developments

Canaan Partners Seeks Acquisitions

Canaan Partners seeks acquisitions. Canaan Partners expects to invest about 20% of its new $600-million venture capital fund in India. "Historically, we invest about 20% of the global fund but the figure can always go up, depending on the deals we sign," Canaan Partners' Managing Director Rahul Khanna said. Khanna said the company expects to invest in about 10 transactions in India over three-four years. Khanna said the funds are typically drawn from institutional money, endowments and pensions. The internal rate of return on these funds is 18-25% over a 8-10 year cycle. In the US, Canaan usually invests in technology and healthcare (drug discovery) sectors but in India, it is more in the technology space and very less in healthcare which is more into retail here, Khanna pointed out. He said one of the emerging trends in the US is in asset sharing called collaborative consumption. "Let us assume, I have a spare asset like a cycle which can be turned into an economic asset by giving it on hire. But the US is a trusting market and hence such endeavors can succeed there," Director Rahul Khanna added.

Canaan Partners Seeks To Sell 4 Companies

Canaan Partners seeks to sell Consim Info Pvt., Ltd. (bharatmatrimony.com) and three other companies in India. "The companies we want to exit have their revenues in tens of millions ($) and are at an exitable stage," Canaan Partners' Managing Director, Rahul Khanna said.

Canaan Partners Presents at 5th Annual Israel Dealmakers Summit 2013, Mar-06-2013 12:05 PM

Canaan Partners Presents at 5th Annual Israel Dealmakers Summit 2013, Mar-06-2013 12:05 PM. Venue: New York Marriott Marquis, Times Square, 1535 Broadway, New York, NY 10036, United States. Speakers: Izhar Shay, General Partner; General Partner, Canaan IX, L.P.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 14, 2013
Enpirion, Inc.
Private Placement
May 10, 2013
Consim Info Pvt., Ltd.
Private Placement
May 9, 2013
India Property Online Pvt. Ltd.
 

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