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

January 19, 2010
YourStory Exclusive: Sharad Sharma shares his pearls of wisdom and experience

January 15, 2010
The Value of Bumping Into People in the Hall: A Lesson from the JP Morgan Healthcare Conference

January 14, 2010
Sharad Sharma quoted on The Economic Times: Google can now do search in India

December 21, 2009
Alok Mittal comments on LiveMint.com: VC companies adopt the blended approach to funding

December 16, 2009
Deepak Kamra comments as Venture Firms Predict 26 Startup IPOs Next Year

December 1, 2009
Canaan Partners Appoints Tim Shannon, M.D. as Venture Partner

November 30, 2009
Alok Mittal on Wallstreet Jounal: The Daily Start-Up: IBM Picks Up Guardium

November 29, 2009
Alok Mittal on TechCrunch: Can India “Jugaad” Its Way To More Angel Investing?

November 25, 2009
Alok & Sharad on Venture funds turning to entrepreneurs-in-residence

November 23, 2009
Deepak Kamra & Alok Mittal speak about the trend towards a single-fund structure

November 10, 2009
Bloomberg News: Maha Ibrahim Comments on Payout of Two Portfolio Companies

November 9, 2009
Maha Ibrahim Comments on EA's Acquisition of Social Game Maker Playfish

November 9, 2009
LiveMint.Com: Harish Gandhi Comments on "Start-ups looking to cash in"

November 3, 2009
Ron Conway Changes His Tune About The Big Apple (Startup@Work series by Warren Lee)

November 3, 2009
Warren Lee’s interview of Ron Conway (Video)

October 29, 2009
Silicon Valley Venture Capitalists` Confidence Holds Steady in Q3

October 12, 2009
Brent Ahrens comments on Nature Biotechnology: Is it virtuous to be virtual?

September 22, 2009
“Executives at Canaan Partners: Israel is Silicon Valley East” (Hebrew)

September 22, 2009
Israel is Silicon Valley East (English Version)

September 11, 2009
Canaan Partners Ranked Among Red Herring's Top 100 Global Venture Capitalists

September 9, 2009
T&I GP Interview with Alok Mittal

September 1, 2009
Maha Ibrahim comments on CED Magazine: Get smart on the real-time search market

August 27, 2009
Warren Lee on What Happened to the Ad-Network Apocalypse?

July 23, 2009
Canaan Partners’ Angel Initiative

June 16, 2009
Seth Rudnick's interview with Globes (Hebrew)

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

DIGITAL MEDIA

February 4, 2010
Cellcast Asia posts 400% revenue growth and record profits

January 18, 2010
Cellcast and Consim (Bharatmatrimony.com) - Red Herring's Global 100 Winners

January 11, 2010
PrimeSense: Electronics That Obey Hand Gestures

January 11, 2010
Peer39 announced to be a winner of the 2010 OnMedia 100 Top Private Company

January 6, 2010
3D sensor co PrimeSense attracts Vegas attention

December 22, 2009
Female Internet Hero: Audio Interview with Blurb CEO, Eileen Gittins

November 12, 2009
Peter Robert Casey's Q&A with Geoff Skow, Social Media Manager at Active Network

September 3, 2009
eBillme Launches Largest Walk-in Network for eCommerce Checkout

August 13, 2009
Paragon Lake - Diamonds Your Way (Forbes.com Video)

July 31, 2009
Watercooler's New Facebook game seeks to make NFL fantasy football social

July 30, 2009
Zoosk: Match.com could look to consolidate online dating sector (mergermarket)

July 22, 2009
eBillme - Hispanic and 18- to 24-Year-Old Consumers More Likely to Shop Online for Back to School

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 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 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 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

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 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

COMM + MOBILITY

January 18, 2010
Cellcast and Consim (Bharatmatrimony.com) - Red Herring's Global 100 Winners

August 31, 2009
Microsoft Events Chose Xirrus to Deliver Ultra-High Density Wi-Fi

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

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

ENTERPRISE

January 28, 2010
iYogi: IT support that takes pride in its roots

December 16, 2009
SOASTA and webappVM Team Up to Bring Application Reliability and Performance to the Cloud

December 1, 2009
Cloud Testing Leader SOASTA Secures $10 Million in Series C Funding

November 9, 2009
Echopass - A Truly Green Work Environment Solution – Goodbye Brick & Mortar

November 3, 2009
SOASTA Adds Support for Open Source Testing From the Cloud

October 22, 2009
GroundWork Open Source Finishes Series D Financing Led By Canaan Partners

October 21, 2009
iYogi Identifies Top Ten Trends for Microsoft Windows 7 Launch

October 20, 2009
SOASTA will Integrate SOASTA CloudTest into CSC's Trusted Cloud Services and Testing and Development Methodology

October 16, 2009
Spare Backup & iYogi Partner to Offer Online Data Backup Platform

September 1, 2009
GroundWork Open Source to Preview GroundWork Monitor 6.0 During Red Hat Summit/JBoss World

August 18, 2009
Zmanda Sees The Sunshine In Cloud Backup

July 31, 2009
GroundWork Open Source Recognized in Magic Quadrant for IT Event Correlation and Analysis

July 21, 2009
SOASTA Announces Cloud-based Performance Certification Program for Websites and Applications

July 9, 2009
SOASTA and Hexaware Technologies Partner to Deliver Cloud Testing Services

July 3, 2009
GroundWork Open Source Partners with Axios Systems

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

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

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 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™

CLEAN TECH

December 15, 2009
Enpirion's 3A synchronous buck dc/dc converter among EDN' s Hot 100 Electronic Products of 2009

October 29, 2009
EnStorage - 7 Solar Innovators From Israel That Could Fuel Our Planet

August 6, 2009
Enpirion 6A PSIP dc/dc converter achieves 15W/cm²

July 13, 2009
Enpirion's Feature-rich DC-DC Converters Redefine Low-Power Switching

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

BIOPHARMACEUTICALS

December 21, 2009
Newly Formed Durata Therapeutics Acquires Pfizer's Vicuron Subsidiary

December 14, 2009
Cubist Pharma Buying Calixa for Up To $402 Million

December 14, 2009
Cubist to Acquire Calixa Therapeutics in Deal Worth up to $402.5M

November 9, 2009
3M Licenses Vaccine Adjuvants to VaxInnate

November 5, 2009
Chimerix Updates on Development of CMX001 as a Broad-Spectrum Therapeutic for Smallpox

September 3, 2009
Theraclone and IAVI: Two New Antibodies Found to Cripple HIV

August 21, 2009
Liquidia To Advance Influenza Vaccine With Series C Funding

August 11, 2009
Chimerix Inc receives a $16 million investment

July 16, 2009
Chimerix, Inc. Appoints Kenneth I. Moch Chief Operating Officer

July 6, 2009
Theraclone and IAVI Expand HIV Antibody Discovery Collaboration

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

May 5, 2009
VaxInnate - The Flu Vaccine Accelerator

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

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

MEDICAL DEVICES

November 18, 2009
UPDATE: Advanced BioHealing launches Dermagraft trial

November 17, 2009
Advanced BioHealing Initiates Largest Prospective Clinical Trial for Venous Leg Ulcers Planned to Date

November 3, 2009
Advanced BioHealing Announces First Diabetes Patient Adherence Program for Foot Ulcer Treatment

October 7, 2009
ReVision Optics: New procedure may help those needing reading glasses

August 10, 2009
Relievant Seeks FDA Clearance of AF Ablation for Back Pain (The Gray Sheet)

July 24, 2009
Advanced BioHealing's Dermagraft - A new way to heal on the Suncoast (ABC News video)

July 7, 2009
Relievant Medsystems Raises $20 Million

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

DIAGNOSTICS

September 10, 2009
Cylex, Inc. Appoints Brad L. Stewart as Chief Executive Officer and Chairman of the Board

July 22, 2009
Apieron: CareFirst BCBS Covers eNO Measurement for Diagnosis, Asthma Treatment

June 30, 2009
Apieron - A Breath of Fresh Air

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

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