Wiggin and Dana Partner Quoted in Stamford Advocate Regarding Connecticut Venture Capital Funding
Wiggin and Dana Partner David Schaffer was quoted in an April 8, 2015 Stamford Advocate article titled, "Venture Capital Funding on Fumes." The article discusses the recent decline in growth funding and venture capital in Connecticut. In the first quarter of 2015, Connecticut companies reported their lowest levels of funding in 2½ years.
In the article, David refers to the low first-quarter financing filings as a surprise, commenting that, "Within our firm, our experience is that the fundraising environment in Connecticut remains robust. We've been involved in a number of seed and early stage rounds this past quarter, with many clients accessing institutional capital as well as angel funds."