We are Venture Catalysts.
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We are seasoned investment professionals with deep domain expertise, extensive relationships with the world’s leading companies and entrepreneurs, and a solid track record of building valuable technology and healthcare companies that are uniquely meaningful to society. Our firm focuses on:

Technology
Digital Media
Comm + Mobility
Enterprise
Clean Tech

Healthcare
Biopharmaceuticals
Medical Devices
Diagnostics

Technology

Digital Media
2006 marked a tipping point in online content consumption as audiences turned more often to the internet for entertainment.  Digital media is defining a new era of content creation and consumption. Canaan’s focus on digital media includes investments in next-generation advertising technologies, online content communities, and networking and communications infrastructure.

Communications & Mobility
Smart phones may be getting smarter and phone calls cheaper, but we’re still a long way from communications nirvana where voice and data are seamless, ubiquitous and inexpensive across carriers, regions and countries. In other words, the world is still waiting for an easy-to-use handheld device that can broadcast live video in San Francisco and Seoul and deliver crystal clear calls in Nebraska and New York, at the push of a button for just a few pennies. Canaan recognizes the immense opportunity in bringing innovation to the communications infrastructure and mobility sectors. We’re looking for technologies that will make voice, video and data communications reliable, inexpensive, fast and global.

Enterprise
Companies are suffering from information overload. Staying on top of the explosion of unstructured data; from Website copy and podcasts to user-generated video as well as ever-escalating terabytes of corporate data poses one of the biggest business challenges today. Canaan invests in enterprise software and services that allow companies to harness the power of emerging Web-based technologies to work better, faster and smarter. We are looking for software and services that leverage technologies like open source, AJAX and SOA to seamlessly integrate multiple and disparate enterprise systems to build business-critical infrastructures. The next generation of enterprise software will allow companies to make better business decisions, boost employee productivity and increase profits more than ever before.

Clean Tech
The last few years have seen a surge in investment in “cleantech” businesses. At Canaan, we’ve been backing “cleantech” companies before the term even existed; our first investment into the sector was in Transphase Systems, a maker of large-scale energy storage systems, in 1991. Those early forays into cleantech taught us a lot – especially how challenging it can be to identify, build and grow an alternative energy company. But something has changed today: alternative energy has gone from an experimental industry to an economic necessity. Canaan is committed to investing in the next-generation of cleantech leaders that will solve the growing problems in the energy industry.  We are pursuing early and mid-stage investments in technology-driven companies in sectors such as energy efficiency; energy storage; waste disposal and carbon recapture; alternative power generation; carbon sequestration and ‘clean coal’; and water purification. And we’re pursuing those investments worldwide, because solving the looming energy crisis is a global problem. 

Healthcare

Biopharmaceuticals
Canaan invests in high-growth pharmaceutical companies developing new therapeutics that will alter the drug marketplace and help improve and save lives. We are looking to invest in companies developing innovative treatments for infectious diseases, oncology and the central nervous system. These companies leverage deep knowledge, extensive patents and leading biotech research to bring the most effective, sophisticated drugs to market. Our expertise in clinical development, formulation, regulatory affairs and business development helps drive value creation and long-lasting market success for tomorrow’s leading biopharmaceutical companies.

Medical Devices
Our medical device investment strategy is to focus on significant unmet medical needs in a variety of disease categories or therapeutic indications, including: cardiovascular disease, central nervous system diseases and aesthetic medicine. Our strong operational expertise in product development, commercialization, and strategy allows us to be a strong growth partner for early-stage medical device companies.

Diagnostics
To effectively treat the world’s most intractable diseases, first doctors must arrive at a correct diagnosis. At Canaan, we invest in cutting-edge diagnostic technologies that help medical professionals better pinpoint risk factors, symptoms and diseases – to better save lives. We’re interested in technologies such as implantable sensors that regulate therapeutic delivery, new techniques for developing personalized medicines and devices that monitor and identify various life-threatening diseases, including cancer, asthma and diabetes.

News

June 30, 2009
[Canaan Partners' Workbook] How to Ask for Money

June 30, 2009
DM Mergers and Acquisitions Drop In Second Quarter

June 10, 2009
Google allows users to create, edit content in Indian languages

May 29, 2009
“India is ready for more VC-backed EIR Programs” Alok Mittal

May 27, 2009
Canaan Partners Appoints Former Yahoo! and Symantec Executive, Sharad Sharma, as Entrepreneur-in-Residence

May 20, 2009
Eric Young meets with Israeli President, Mr. Shimon Peres

April 29, 2009
Alok Mittal from Canaan Partners on ‘Investment Themes on the Internet’ at Web Innovation 2009

April 28, 2009
Canaan Partners India: Early-Stage Investing in India (RWS Interview with Alok Mittal)

April 27, 2009
Seth Rudnick Comments: Investors boost health care IT funding (NPR Interview)

April 21, 2009
Indian clean-tech firms’ cash demands an issue for VCs

April 18, 2009
Venture Investing Hits a Low (WSJ.com)

April 16, 2009
BiPar Buyout Proves VC Model Can Work

April 16, 2009
The Venture Game: What Investors Want

April 15, 2009
Top execs quit jobs to become entrepreneurs

April 14, 2009
Meltdown toll: VC investments in India shrink to $49 mn, down 58%

April 11, 2009
Canaan Partners offers Entrepreneur Pitch Workbook to Optimize Venture Capital Presentation

April 9, 2009
How To Avoid Making A Bad Pitch

March 31, 2009
Co-investing gains momentum as early-stage VCs hedge risk

March 19, 2009
Alok Mittal - Venture Capital funds available for technology start-ups

March 17, 2009
Izhar Shay Comments on A Very Significant Crisis for Israeli High-Tech Entrepreneurs as Growth Turns to Survival

March 13, 2009
Executive Q&A with Wende Hutton: Vaccine technology is a sector to watch

March 10, 2009
Drug Investors Lose Patience (New York Times)

March 10, 2009
Free models don’t work in difficult times, investors say

March 6, 2009
Canaan Partners' Alok Mittal & Mukul Singhal On The Missing Links in Business Plans

February 25, 2009
The Health Care “It” Party

January 29, 2009
Alok Mittal comments on VC Strike Rate

January 23, 2009
Alok Mittal Named Among India's "50 Hottest Young Executives" by Business Today

January 13, 2009
Canaan Announces Strategic, Executive Promotions in U.S., India and Israel

December 18, 2008
Zoosk Celebrates Its 1st Anniversary with 12 Million Users and a 2009 People's Choice Award

June 2, 2008
Start-ups for Sale to Start-ups

June 2, 2008
Start-ups for Sale to Start-ups (Hebrew Version)

January 31, 2008
Canaan Partners Builds on Digital Media Leadership

DIGITAL MEDIA

June 25, 2009
The Active Network Unveils New “OnDemand” Event Management Tools

June 24, 2009
Blurb's New PDF to Book Workflow

June 17, 2009
LiveU and Livestream Providing Live Video of iPhone 3G S Launch

June 16, 2009
Zoosk Raises $6 Million in Third Round of Funding Led By Canaan Partners

June 16, 2009
Tremor Media Has One Billion Video Impressions Per Month, CEO Jason Glickman (video)

June 15, 2009
Motionbox Selected as Video Provider for Shutterfly Share Sites

June 9, 2009
Peer39 Digs Deep with Semantics

June 9, 2009
Active.com Named Technology Provider for the Official Youth Basketball Initiative of the NCAA and NBA: iHoops

June 4, 2009
Blurb CEO, Eileen Gittins: The Revolution Will Be Customized (video interview)

June 3, 2009
Tremor vChoice Ad Format Raises the Bar on Pre-rolls

June 2, 2009
Blurb CEO, Eileen Gittins, on What's Next For Digital Publishing

June 2, 2009
Tremor Media Rolls Out New Web Video Ad Format

June 2, 2009
Peer39 Raises $10.5 Million in Series C Financing

May 29, 2009
Blurb Sponsors The Obama Time Capsule Book

May 27, 2009
Another $10.5M Unloads on Peer39’s Dock

May 27, 2009
eBillme helps students who won’t be able to use credit cards under new law

May 21, 2009
Tremor Media Achieves Top Spot in Premium Video Views according to comScore

May 20, 2009
Diamond Links Golf Club picks ActiveGolf for marketing solutions

May 19, 2009
Vivox: Hello, an Avatar Is Calling You

May 12, 2009
eBillme's Marwan Forzley Supports Credit Card Bill

May 6, 2009
Blurb Helps Creative Professionals Expand their Businesses Using HP Technology

April 29, 2009
Associated Content Raises $6M, Foresees A Lot of Potential

April 20, 2009
Watercooler's Kevin Chou on Online Advertising 2.0 – The Evolution to Engagement

April 16, 2009
eBillme™ Online Spending Index Projects Uptick in Consumer Spending Online for Q2

April 15, 2009
Cardlytics Announces Next Generation Bank Rewards on Everyday Purchases

April 9, 2009
The DEAD Partner With Blurb(R) to Create Collectors' Edition Concert Books From Each Stop on the Band's 2009 Tour

March 31, 2009
Save With Dave: eBillme's Shopdebtfree.com (CBS13 Video)

March 30, 2009
Patrick Keane Named CEO of Associated Content

March 26, 2009
Blurb Attracts Cookbook Authors

March 20, 2009
Tremor Media in Top 50 comScore Ad Focus Ranking for February 2009

March 19, 2009
Lending Club Closes Series B Financing Round

March 18, 2009
Blurb Driving Down its Storage Costs by More than 50 Percent With Pillar Axiom

March 12, 2009
Active Network to provide Ohio hunters and anglers new web-based licensing system in 2011

March 3, 2009
Shoebuy.com Finds a Way to Win New Customers with eBillme

March 3, 2009
Associated Content - Selling Expertise on the Internet for Extra Cash

March 2, 2009
Blurb - Photography.book.now Announces Call for Entries in Self-published Photogtaphy Book Competition

February 23, 2009
"If the financial markets were as open as Lending Club...the combined efforts and innovation of all investors would make the system as a whole more secure." (WIRED Magazine)

February 19, 2009
Tremor Media Raises $18 Million Further Validating Broadband Video's Impact

February 17, 2009
eBillme - $15,000 Grand Prize Winner Announced in Shopping Confessions Contest

February 10, 2009
Watercooler CEO, Kevin Chou, "It's never too early to focus on revenue." (vator.tv)

February 9, 2009
"The TV of Tomorrow Show with Tracy Swedlow" Interview with Kevin Chou on Watercooler's Social TV Network

February 3, 2009
eBillme - Internet's First Debt-Free Shopping Mall Now Open to Consumers

COMM + MOBILITY

June 26, 2009
N-trig: The Next Goldrush? MultiTouch Screen Apps

June 11, 2009
Natural User Interface Europe AB Partners with N-trig

June 2, 2009
Cortina Unveils Next Generation Optical Transport Platform For Metro And Core Markets

June 2, 2009
N-trig: Getting Hands-onTM With Enhanced Multi-Touch Capabilities at SID 2009 Display Week

June 2, 2009
N-trig: PC Touch Screens Move Ahead

May 18, 2009
Xirrus Introduces Rapid Deployment Wi-Fi Kit for Disaster Response and Temporary Events

April 29, 2009
Inside Interop Blog Gives Detail on Xirrus Arrays

April 16, 2009
N-trig President: In Two Years People Will Be “Irritated” By Computers Without Touchscreens

April 8, 2009
Humane Society Silicon Valley Uncaged Their Network With Xirrus

March 11, 2009
Emergency Responders Rely on Xirrus for Wi-Fi Communications

March 1, 2009
Xirrus - Poudre School District finishes $1 million WiFi install

February 19, 2009
Xirrus Provides Wi-Fi to Ballinger Independent School District

February 17, 2009
Xirrus Releases New Wi-Fi Client Management Tool for Windows

February 9, 2009
Canaan Partners Leads Mobile Investment in mCarbon

February 3, 2009
IdentityMine Teams up with N-trig to Expand their Hold in the Multi-Touch Market

ENTERPRISE

June 29, 2009
SOASTA Makes Key Hires to Management Team

June 29, 2009
GroundWork Open Source CEO, Peter Jackson: From Silicon Valley to Cubs

June 25, 2009
Virsto Software, an Innovator in Storage Solutions for Virtualized Servers, Completes $7 Million Round of Funding

June 8, 2009
PDN Photographers' Virtual Trade Shows Produced by ON24

June 5, 2009
iYogi: Increasing Impact of Computer Support

June 3, 2009
Genesys Telecommunications Labs Names Echopass as Partner of the Year

June 1, 2009
Zmanda: Amanda Receives 2009 Linux Journal "Readers' Choice Award-Favorite Backup System"

June 1, 2009
Zmanda Launches Cloud-Ready Solution for MySQL Databases

May 27, 2009
eBillme helps students who won’t be able to use credit cards under new law

May 18, 2009
ID Analytics Unveils Latest Weapon Against ID Theft

May 18, 2009
ID Analytics Rolls Consumer Service

May 18, 2009
SOASTA Partners With 3Tera To Facilitate Cloud Computing Adoption with the 3Tera AppStore

May 15, 2009
Zmanda's Chander Kant Among Those "Roughed Up By Regulations" (Forbes.com)

May 7, 2009
SiliconIndia Magazine Names Zmanda One Of The Top 10 Most Promising Technology Companies

May 6, 2009
Zmanda's Chander Kant talks about Backup and the Cloud

April 30, 2009
GroundWork Responds to Community Feedback With New GroundWork Monitor Starter Edition

April 28, 2009
Zmanda Participates-MySQLConf 09: The Great Open Cloud Shootout (video)

April 28, 2009
SOASTA CloudTest(TM) Adds iPhone(TM) Application Support to Its Load and Performance Testing Platform

April 27, 2009
Virsto Software Voted Best Storage Infrastructure Startup at Under the Radar: Clarity in the Cloud 2009

April 24, 2009
Virsto Software Presents at Under the Radar 2009 (video)

April 22, 2009
Echopass Corporation Appoints David Holeman Chief Customer Officer

April 21, 2009
Cloud Slam: Tom Lounibos, SOASTA, Cloud Testing: Reliability as a Service

April 21, 2009
ID Analytics: Are You Who You Say You Are? Prove It

April 20, 2009
Zmanda Upgrades MySQL Backup Software

April 16, 2009
eBillme™ Online Spending Index Projects Uptick in Consumer Spending Online for Q2

April 15, 2009
Cardlytics Announces Next Generation Bank Rewards on Everyday Purchases

April 15, 2009
GroundWork Adds Tap In Systems Cloud Management

April 2, 2009
GroundWork Partners With Pentaho to Enhance IT and Network Monitoring Products with Business Intelligence Integration

March 24, 2009
Zmanda Delivers Data Protection for SUSE Linux Enterprise 11 from Novell

March 19, 2009
ON24 - A New Virtual Way To Beat The Recession

March 18, 2009
Zmanda and Sun Partner to Provide Cloud Backup

March 12, 2009
Asia Pacific to Receive GroundWork Open Source IT Management Solutions from ICE Systems

March 11, 2009
Zen Innovations Partners with Zmanda

March 11, 2009
SOASTA Adds BrowserFarm Functionality to CloudTest™

March 3, 2009
GroundWork Open Source Appoints Peter Jackson as CEO

February 24, 2009
Zmanda to Market Backup Appliance Powered by SUSE Linux Enterprise Through The VMware Virtual Appliance Marketplace

February 23, 2009
Zmanda Puts SMB Backup Solutions in the Cloud

February 18, 2009
SOASTA Announces CloudTest(TM) Global Platform

February 17, 2009
Zmanda Cloud Backup Takes Flight

February 16, 2009
GroundWork Open Source Gains Managed Services Momentum

February 12, 2009
SOASTA: QTRAX Leverages the Cloud to Test Web Site

February 10, 2009
New GroundWork Release Doubles Bang for the Buck With Increased Monitoring Scalability

CLEAN TECH

April 9, 2009
Enpirion Dc-Dc Converter Delivers Ideal Mix of Small Footprint, High Performance and Low Price

March 5, 2009
Future Electronics Will Carry Enpirion's Chips

BIOPHARMACEUTICALS

June 29, 2009
VaxInnate - 2009 Fierce 15

June 25, 2009
BiPar's New Drug Brings Hope To Cancer Patients (msnbc.com Video)

June 18, 2009
VaxInnate Reports Positive Results From Preclinical Testing Of Swine Flu Vaccine Developed Using Novel Technology

May 21, 2009
VaxInnate May Be On Fast Track to Swine Flu Vaccine

May 19, 2009
Emergency IND granted for the use of Chimerix CMX001 to treat complications following smallpox vaccination

May 18, 2009
Emerging Drug Developer: VaxInnate

May 7, 2009
VaxInnate Banks $30M Series D for Swine Flu, Other Diseases

May 6, 2009
VaxInnate Corporation Closes $30 Million Round of Financing

May 5, 2009
VaxInnate - The Flu Vaccine Accelerator

April 27, 2009
VaxInnate’s Seasonal Flu Vaccine Candidate Shown Safe and Immunogenic in Phase I Study

April 27, 2009
VaxInnate - Start-Ups Rush To Prep Swine-Flu Vaccine

April 17, 2009
The IN VIVO Blog - Deals of the Week: Sanofi-Aventis/BiPar

April 15, 2009
Hungry Sanofi snaps up BiPar in $500M deal

April 15, 2009
Sanofi-aventis To Acquire BiPar Sciences

April 10, 2009
Marinus Pharmaceuticals Raises $20 Million in Series B Financing

April 9, 2009
ORTHOCON Raises $25M Series B Financing, Names Paul Sohmer President and CEO

April 3, 2009
Chimerix Joins International Network Of Organizations To Cure Malaria

March 30, 2009
Spaltudaq Corp. Announces Identification of Broadly and Potently Neutralizing Human HIV Antibodies and Change of Company Name to Theraclone Sciences, Inc.

March 28, 2009
Amicus Therapeutics Presents Positive Results From Phase 2 Extension Study of Amigal(TM) for Fabry Disease at ACMG 2009 Annual Meeting

March 26, 2009
VaxInnate Wrapping Up $30M Extension

March 24, 2009
Calixa Passes Key Safety Test in Clinical Trial of New Antibiotic

March 3, 2009
Marinus Pharmaceuticals Announces Positive Results of its Phase 2 Clinical Trial of Ganaxolone

March 3, 2009
Marinus Boosts Fund-Raise With Phase II Results

March 2, 2009
BiPar Sciences Among FierceBiotech's Top 20 VC deals of 2008

February 23, 2009
VaxInnate Adds Former Sanofi Pasteur Exec, David J. Williams, to Board

February 3, 2009
BiPar Sciences to Present At the 11th Annual BIO CEO & Investor Conference

MEDICAL DEVICES

June 23, 2009
Transcend Medical Raises $35 Million Series B Round Towards Development Of Novel Glaucoma Treatment

June 22, 2009
CoAxia, Inc. Announces $21.5M Series D Financing

June 8, 2009
Anika Therapeutics Announces U.S. Distribution Agreement with Facial Aesthetics Provider Coapt Systems

March 16, 2009
CoAxia's New Path in Stroke (IN VIVO)

March 4, 2009
ABH - Worldwide Tissue Engineering and Regenerative Medicine Market Forecast to Grow 16% Annually through 2013

February 17, 2009
Advanced BioHealing and InnovationRx Partner to Provide Patient Support Program

DIAGNOSTICS

June 12, 2009
Apieron's Insight eNO (ABC News Video)

June 2, 2009
Apieron - American Thoracic Society panel presentations underscore positive impact of measuring exhaled nitric oxide (eNO) for treating asthma

June 1, 2009
Transoma Medical Receives FDA Marketing Clearance for Exclusive Capability Providing Immediate Access to Critical ECGs on Mobile Handheld Device

May 19, 2009
Apieron Strengthens Senior Leadership With Commercial, Financial Appointments

April 13, 2009
Transoma Medical Announces First Patient Enrollment in Clinical Study on Long-Term Cardiac Monitoring for Detection of Atrial Fibrillation after Cryptogenic Stroke

March 11, 2009
First U.S. Patient Gets Transoma Medical's Sleuth AT Implantable Cardiac Monitoring System

February 17, 2009
Transoma to split, focus on implantable cardiovascular devices

February 11, 2009
Transoma Medical Receives FDA Marketing Clearance for Sleuth AT™ Implantable Cardiac Monitoring System