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Third Quarter

U.S. Venture Capital Fundraising Grows 16% in Third Quarter

Authored by Mark Hefflinger on November 2, 2005 - 4:05am.
San Francisco - U.S. venture-capital fund raising grew 16% in the third quarter, compared with the previous year, according to new statistics from Dow Jones's VentureOne. All told, venture capital firms completed 27 funds worth $5.91 billion. Though the number of funds was about the same as a year ago, their average size grew considerably, continuing a recent trend. For instance, more than 30% of the funds that have closed so far this year have been in the $250-$499 million range, up from 20% of funds from last year. Another 5% are between $500-$999 million -- the most funds of that size completed since 2001. "Despite the larger funds, fund raising, of course, has yet to match the levels raised during the 1998 to 2001 timeframe," said John Gabbert, the vice president of worldwide research at VentureOne. "But we are seeing that the venture-capital industry has reached a level of sustainability, with venture investors closing funds at a close pace to the level they are investing."
tags: U.S | Venture | Fundraising | Third Quarter |

TiVo Adds 209,000 Subscribers in Third Quarter, Raises Projections

Authored by Mark Hefflinger on November 21, 2003 - 7:11am.
San Jose, Calif. -- TiVo, a provider of standalone digital video recorders and associated services, announced that it added a record 209,000 subscriptions in the third quarter, more than doubling growth in the previous quarter. The company credited its partnership with DirecTV, which now offers a satellite receiver with TiVo features, as well as increased awareness and availability for its product, for the subscriber growth. "Our total sub base is now over one million and the pace of sub growth moving into the holiday season is at an all time high," said TiVo CEO Mike Ramsay. San Jose, Calif.-based TiVo also raised its guidance for the remainder of its fiscal year, now projecting it will have a total of 1.37 million subscribers, instead of its earlier prediction of 1.27 million.
tags: Subscribers | TiVo | Third Quarter | Raises Projections |

Report: U.S. Broadband Firms Added 2 Million Subscribers in Third Quarter

Authored by Mark Hefflinger on November 13, 2003 - 7:44am.
Durham, N.H. -- Major U.S. cable and DSL broadband Internet providers added a combined 2 million new subscribers in the third quarter of 2003 -- the largest single-quarter rise recorded -- and now count nearly 22.7 million high speed Internet subscribers, according to data from New Hampshire-based Leichtman Research Group. The firm credits new discounts on high-speed Internet as impetus for the increase. "The market was stimulated by nearly every major broadband provider offering aggressive discounts for new subscribers. Without these promotions, this level of growth may prove to be difficult to maintain," said company president Bruce Leichtman. Broadband cable providers maintain a 64% share of the overall U.S. market versus DSL. The report also noted that the top ten U.S. cable providers now have broadband available to 88% of their total network footprint, while the top four DSL providers are cumulatively approaching 70% availability.
tags: Broadband | Reports | Subscribers | U.S | Third Quarter |

SBC Adds 365,000 New DSL Subscribers in Third Quarter

Authored by Mark Hefflinger on October 21, 2003 - 3:46am.
San Antonio, Texas -- SBC Communications, one of the nation's largest telecommunications firms and a provider of broadband DSL Internet access, announced on Tuesday that it now counts 3.1 million DSL customers, having added 365,000 new subscribers in the third quarter of its fiscal year. The company added 304,000 subscribers in the previous quarter. Texas-based SBC partnered with Yahoo for a co-branded dial-up and DSL Internet access service, which currently is featuring a promotion offering a year of DSL service for $26.95 per month.
tags: Subscribers | DSL | Third Quarter | SBC |