Venture-backed U.S. IPOs hit lowest levels in two years

April 6, 2015 3:44 PM

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April 6 (Reuters) - U.S. initial public offerings by venture-backed companies fell to a two-year low in the first quarter of 2015, according to data from the National Venture Capital Association and Thomson Reuters.

About 17 venture-backed companies raised $1.43 billion in the three months ended March, compared with 37 that raised $3.40 billion in the same period a year earlier, according to the report.

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