Friday, October 7, 2016

Q3 Investments Total $15 Billion Says New PitchBook-NVCA Report

Venture capital investments for Q3 totaled $15 billion spread across 1800 companies, according to the inaugural report from Seattle data provider PitchBook and the National Venture Capital Association. The report--the first for the two in a new partnership--said third quarter was the fifth straight, quarterly decline in number of companies receiving venture investment, and a 32 percent, quarter-over-quarter decline. PitchBook displaced Thomson Reuters in providing venture data to the NVCA, in a deal announced last month, a big win for the upstart data provider. PitchBook is led by John Gabbert. Gabbert founded PitchBook in 2007.