Description It's the land of milk and honey for start-up companies. Canaan Management (also known as Canaan Partners) is a venture capital firm that invests primarily in early-stage technology and health care companies in the US and abroad. It focuses on digital media, mobile communications, enterprise software, clean technology, biopharmaceuticals, medical devices, and diagnostics. The company typically invests $1 million to $20 million per transaction and has approximately $3 billion in capital under management. Founded in 1987, Canaan has raised eight funds (its most recent in 2008). Notable past investments include Acme Packet, Amicus Therapeutics, DoubleClick, and Match.com.