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

August 18, 2010
Canaan Partners invests in Naaptol to build on its home shopping platform

August 18, 2010
Press Release: Canaan Partners invests in Naaptol to build on its home shopping platform

August 13, 2010
Microsoft Canaan TechSparks 2010: We thank them all

July 29, 2010
Ask Your Question: A YourStory Initiative for Microsoft Canaan TechSparks 2010 -- Do you have questions for Alok Mittal, MD, Canaan Partners?

July 12, 2010
Corporate honchos power start-up dreams (Alok Mittal at Economic Times, The Power of Ideas)

July 10, 2010
Alok Mittal on BusinessWorld: Where Angels Fear To Tread

July 10, 2010
US-based entrepreneurs look to get funds from Indian investors (Harish Ghandi on livemint.com)

June 9, 2010
Investment Pros Still Hoping For Better Terms On Carry Tax (WSJ)

June 8, 2010
VCs Go Global

June 8, 2010
High Tech Associations from Israel and India: We will cooperate in projects (Globes - Hebrew)

June 3, 2010
The Israel Conference™ Announces Featured Speakers from Oracle, SanDisk, Microsoft, Marvell, and Google

June 2, 2010
Warren Lee on Forbes.Com: Venture Into Media's Future

May 27, 2010
Maha Ibrahim and Other US Venture Capitalists Met With President Dmitry Medvedev in Moscow (English translation)

May 7, 2010
Wende Hutton on WSJ: Friend Or Foe? Angels, VCs Debate Who Has The Upper Hand

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

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

February 6, 2008
Canaan Partners Closes $650 Million Fund, Canaan VIII

DIGITAL MEDIA

August 24, 2010
Blurb makes the Inc. 500 List of Fastest Growing Companies and #1 Media Company

August 19, 2010
Equitas Micro Finance Raises Rs 45 Cr From Canaan Partners

July 8, 2010
Peer39 Adds Digital Advertising Executive Alex White as VP Product and Account Management

July 8, 2010
(LiveU News) IP Tech On The Road To Passing Trucks

July 8, 2010
Interview with Pankaj Thakar, Chief Executive Officer, MD, Cellcast Interactive India

July 8, 2010
Time Out New York magazine now features an OpenSky Buy button

June 23, 2010
Prime Sense: Kinect tech destined for TV-embedded greatness in 2011, HTPC integration later this year

June 23, 2010
Chevrolet Charges Volt Ad Campaign Using Microsoft Kinect's Gesture Interface (Prime Sense)

June 18, 2010
Tyrell & Agtel Stream With LiveU "Backpack"

June 18, 2010
LiveU Breaks the Boundaries of Live Transmission at South Africa World Cup

June 15, 2010
64th Annual Tony Awards 'Backstage Live' Interviews: Denzel Washington, Jay Z's Fela! and more (LiveU)

June 15, 2010
PrimeSense News - Microsoft Kinect (Formerly Natal) Pushes Closer To 'Minority Report' Interface

June 14, 2010
Micorsoft E3 2010 Media Briefing Announcing Kinect for XBox 360 Using PrimeSense Technology (video)

June 14, 2010
PrimeSense - Microsoft Kinect gets into motion as E3 confab kicks off (video)

June 11, 2010
PrimeSense - Microsoft's Hopes Lay in Israel

June 10, 2010
Live U - NBA Woos a World Audience

June 9, 2010
Peer39 and AdMeld Partner to Maximize Performance Through Semantic Targeting of the Web's Top Publishers and Demand Sources

June 9, 2010
blip.tv - Web Series Tap Prime Time

June 8, 2010
Blurb Launches Self-service Publishing Platform For Charities

June 8, 2010
Blurb Launches Blurb for Good

June 8, 2010
Tremor Media CEO: We Have the Scale of a Large Cable Network (video)

June 7, 2010
Tremor Bows Interactive Pre-Rolls

June 7, 2010
Tremor Gets Interactive With Innovid

June 7, 2010
PrimeSense: True 3D play is only months away

May 25, 2010
Associated Content News (Hebrew)

May 24, 2010
Blurb's Eileen Gittins named Best CEO of a Small Company at the SF Business Times' Tech & Innovation Awards

May 19, 2010
Blip Networks Channels New Funding

May 18, 2010
Yahoo! to Acquire Associated Content

April 13, 2010
TweetPhoto Receives $2.6 Million Series A Financing

April 12, 2010
LiveU Sets New Standards in Cellular-Based Uplink Transmission – Live HD Video Anywhere, Anytime

April 9, 2010
Peer39 Appoints Andy Ellenthal as Chief Executive Officer

March 31, 2010
PrimeSense Supplies 3D-Sensing Technology to "Project Natal" for Xbox 360

March 22, 2010
Daily Giz Wiz 1052: The LiveU Live Streamer

March 10, 2010
LiveU News: Kyte Now Offering Broadcast-Quality Live Video Streaming Backpack

March 9, 2010
Xirrus, SOASTA, GWOS, Zoosk & Casabi Inc. Among WSJ Top 50 Venture-Backed Companies

March 3, 2010
PrimeSense News: Microsoft’s Project Natal Is Hot. Like Pong Hot

February 17, 2010
Microsoft partner tackles storage problems in virtual data centers (Virsto News)

February 11, 2010
LiveU News: Learning the Olympic ropes

February 10, 2010
LiveU on FoxNews.com: Covering the Snowpocalypse

February 8, 2010
Peer39: Interview with CEO Amiad Solomon on Semantic Advertising Issues and Opportunities

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

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

COMM + MOBILITY

June 4, 2010
The $100M Revenue Club: Cortina Systems, Powered By Intel

May 26, 2010
N-trig Wins Gold Honor at Society for Information Display’s 2010 Display of the Year Awards

May 25, 2010
Cortina Takes PON Integration to Next Level with Voice and Switching

May 21, 2010
Xirrus: Fighting for Wireless Dominance: Interop

May 13, 2010
N-trig improves Windows 7 Multi-touch capabilities for Tablets and PCs

May 11, 2010
Exclusive: N-Trig’s Four-Fingered, Two-Handed Multitouch Promises a World of New Gestures

April 22, 2010
Pearson and Xirrus Announce Partnership to Deliver Wireless Learning to Schools

April 21, 2010
N-trig Strengthens Presence in Asia-Pacific with Japanese Office

March 9, 2010
Xirrus, SOASTA, GWOS, Zoosk & Casabi Inc. Among WSJ Top 50 Venture-Backed Companies

February 16, 2010
Consim(BharatMatrimony) wins Excellence Award, Murugavel Janakiraman bags Udyog Rattan Award

February 12, 2010
VAS player mCarbon to launch mobile music store

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

ENTERPRISE

August 31, 2010
Dodging Twitter, TweetPhoto becomes photo check-in social network Plixi

August 31, 2010
TweetPhoto Expands Its Photo Sharing Services for the Social Web and Changes its Name to Plixi

August 31, 2010
TweetPhoto Becomes Plixi, Presents New Vision for Location-Based Services

August 31, 2010
TweetPhoto Renames Itself As It Grows Beyond Twitter

August 31, 2010
TweetPhoto Fills Its Own Hole Before Twitter Can, Rebrands Itself as “Plixi”

August 26, 2010
SOASTA Announces First Web Performance Certification for iPhone and iPad Applications

August 10, 2010
Expanding ON24 opens Charlotte office (SF Business Times)

August 4, 2010
Outsourcing to India Draws Western Lawyers (UnitedLex)

May 23, 2010
iYogi set to cross $100 million in revenue by next fiscal

May 18, 2010
Miles to smiles or sold out: ezRez Software & The IdeaWorks Company

April 22, 2010
Zmanda Drives Down the Cost of NDMP and VMware Backup

April 21, 2010
On-demand tech support for iYogi expands

April 20, 2010
Crowd meets cloud: uTest and SOASTA announce partnership

April 20, 2010
When TV Spots Cause Traffic Spikes, Broadcast Turns to the Cloud (SOASTA News)

April 6, 2010
SOASTA Selected by AlwaysOn as an OnDemand Top 100 Winner

March 25, 2010
iYogi Named to Lead411’s Hot 125 – New York

March 9, 2010
Xirrus, SOASTA, GWOS, Zoosk & Casabi Inc. Among WSJ Top 50 Venture-Backed Companies

March 2, 2010
SOASTA Expands Global Operations With New Offices in London, Boston and Atlanta

February 23, 2010
IBM signs deal with iYogi for state-of-the-art data centre

February 10, 2010
iYogi Goes Mobile

February 10, 2010
iYogi, Avnera top lethargic funding time to start 2010

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

CLEAN TECH

June 7, 2010
Enpirion Introduces New PowerSoC Family of DC-DC Converters for DDR2/DDR3 Memory Termination Supply (VTT) Applications

May 24, 2010
Enpirion's New High Performance EN6300 DC-DC Family Raises the Bar for Combined Efficiency and Power Density

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

BIOPHARMACEUTICALS

July 23, 2010
BiPar teaching Sanofi new tricks

June 7, 2010
Sanofi CEO Sees ‘Stunning’ Results for Cancer Drug (BiPar Sciences)

May 13, 2010
Chimerix Initiates Phase 1 Study of CMX157

May 11, 2010
(VaxInnate News) Winners of the TiE50 Awards 2010

May 4, 2010
RTP biotech firm Chimerix names new CEO

April 27, 2010
VaxInnate's VAX125 Seasonal Flu Vaccine Shown Safe and Highly Immunogenic in Phase II Study of Elderly Subjects

April 20, 2010
Pharmaceutical Product Development joins $25M round for Liquidia

April 20, 2010
LIQUIDIA TECHNOLOGIES ANNOUNCES EXPANSION OF SERIES C FINANCING

April 6, 2010
Altheos News on BioWorld Today: Glaucoma ROCK Inhibitor Game

April 5, 2010
Altheos completes $20 Million Series A Financing to Develop a Next-Generation Glaucoma Treatment

March 22, 2010
Zenyaku Kogyo Obtains Exclusive License in Japan to Theraclone’s Influenza Monoclonal Antibody Program

March 19, 2010
Theraclone Raises $1.5M

March 18, 2010
Dr. Thomas Hofstaetter Named President and CEO of VaxInnate (Business Wire)

January 25, 2010
Liquidia News on BioCentury: Bigger than Big

January 21, 2010
Elevation Pharmaceuticals Raises $30 Million in Series A Financing

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

MEDICAL DEVICES

September 1, 2010
Advanced BioHealing to Highlight Standard of Care for Treating Diabetic Foot Ulcers at Save a Leg, Save a Life National Conference

August 31, 2010
Financings roundup: EndoGastric Solutions reports closing $30 million 'F' round

August 30, 2010
EndoGastric Solutions Raises $30M Via Series F Funding

August 30, 2010
EndoGastric raises $30M

August 30, 2010
EndoGastric Solutions Completes $30 Million Financing Round

May 25, 2010
ReVision Optics Secures $35 Million in Capital Funding as US Clinical Trials Begin

April 1, 2010
At Last: Insulin Delivery Devices for the bulk of the Diabetes Population (Calibra News)

March 11, 2010
Newly Funded Diabetes Companies ‘Doing Well By Doing Good’ (Calibra News)

January 25, 2010
Calibra Receives 510(k) Clearance for the Finesse™ Insulin Patch-Pen, a Novel Way to Deliver Insulin

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 11, 2009
Relievant Medsystems: The Intracept Intraosseous Nerve Ablation System

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

October 16, 2009
Medical Device Daily: CoAxia is highlighted for its NeuroFlo Perfusion Augmentation Therapy

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

DIAGNOSTICS

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