Library House Sells VC Database To Dow Jones Venture Source

Cambridge-based technology VC deals tracker Library House, which went in to administration last month after the venture sector itself dried up, is selling its database to Dow Jones’s VentureSource, a larger, similar service. Administrator Leonard Curtis made the sale on December 23, DJ said on Tuesday.

Library House’s data, which centres on Europe and is offered through web-based services, will be combined with the DJ service, which covers multiple sectors and includes US, Canada, India, Israel and China. Library House customers will be migrated to VentureSource.

Library House hit harder times with bitter irony last year, as the very venture capitalists whose deals it thrives on for new data began to sit on their money through the downturn. The firm let go of 12 of its 30 staff earlier in the year; five staff left by mutual consent in November to spin out Library House