These 20 VC-backed companies had the biggest exits of the last year

2015 was by no means a blockbuster year for venture capital-backed company exits.But despite less-than-favorable market conditions toward the end of 2015, many companies still found an exit, be it an acquisition or an IPO.In fact, several had $1 billion+ exits.Using data fromPitchbook, we've rounded upthe top 20 VC-backed exits of the year.The majority are biotech and pharmaceutical companies, and there are some semiconductor, adtech, and enterprise companies sprinkled into the mix as well.20. Naurex: sold for $560 millionWhat it does:Naurex develops treatments for depression.Deal type:AcquisitionSale price:$560 millionWhen it sold: July 27, 2015Who bought it:AllerganFounded: 200819. Adheron Therapeutics: sold for $580 millionWhat it does: Adheron Therapeutics is a healthcare startup that's developed technology to treat diseases likerheumatoid arthritis.Deal type:AcquisitionSale price:$580 millionWhen it sold: October 9, 2015Who bought it: RocheFounded: 200618. Pentaho: sold for $600 millionWhat it does:Pentaho is a big data,open-source business intelligenceand analytics company.Deal type:AcquisitionSale price:$600 millionWhen it sold: February 10, 2015Who bought it: Hitachi Data SystemsFounded: 2005See the rest of the story at Business Insider
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