Thursday, April 19, 2012

VC Investments In Pacific Northwest Firms Increase In Q1

The latest numbers from the MoneyTree report, from PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters, show that investments in Washington and Oregon increased in Q1, compared with investment levels in Q4 of 2011. The MoneyTree tallied a total of $204.8M in investments for the region, up from $136.5M in Q4. The increase came despite a lower overall venture investment landscape nationally. Washington saw 26 deals totaling $167.08M, compared with 26 deals totaling $88.95M in Q4. Individually, Oregon's venture totals declined slightly, with $37.73M across 9 investment deals, versus last quarter's total of $47.6M across 9 deals.

Nationally, venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012, a 19 percent drop in dollars and 15 percent in number of deals from Q4 of 2011, when $7.1 billion was invested in 889 deals.

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