Sunday, 1 February 2015
Last updated 2 days ago
Oct 26 2006 | 7:16am ET
Venture capital investment in the third quarter fell 8% from the second, according to PricewaterhouseCoopers and the National Venture Capital Association.
In 797 deals, VCs invested $6.2 billion. The prior quarter, $6.8 billion went into 907 deals. VC investing has topped $6 billion all three quarters of 2006 so far.
Seed and early-stage investing rose 10% to $1.2 billion during the third quarter.
“We are at a point in the investment life cycle where many venture capitalists are deploying fresh funds that have been raised within the last 18 months or so,” NVCA President Mark Heesen said. “Thus, VCs are finding themselves at the beginning of a very long runway, betting more on those seed and early-stage companies that they believe will have the most promise five to seven years from now.”
The report also showed that the telecommunications, media and entertainment, and industrial and energy sectors showed an increase in fundraising.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…