Venture Capital Investing Exceeds $17 Billion for the First Time Since Q4 of 2000, According to the MoneyTree Report
According to the MoneyTree Report from PricewaterhouseCoopers LLP (PwC) based on data provided by Thomson Reuters, venture capitalists invested $17.5 billion in 1,189 deals in the second quarter of 2015. This is the sixth consecutive quarter where more than $10 billion of venture capital dollars were invested in a single quarter.
“In addition to a significant uptick in total investing in Q2, the $7.3 billion invested in software companies exceeded the total VC dollars invested across all industries in 51 of the last 82 quarters,”aid Tom Ciccolella, US venture Capital Leader at PwC.
“We saw 26 megadeals in Q2 including yet another billion dollar investment.” – Tom Ciccolella
Report Highlights:
- Software deals have increased 30 percent. The number of deals have increased 11%.
- Media and Entertainment industries came in second for investment dollars. An increase of 127% in dollars and 34% in total number of deals
- Biotechnology grew 32% in terms of dollars invested but remained consistent in number of deals.
- In quarter two, VCs invested $5 billion into 290 internet-specific companies. This is a 54% increase in dollars and a 25% raise in number of deals for internet-specific deals compared to the first quarter.
In Connecticut:
Fifteen investment deals were made in Connecticut during the second quarter, a 50% increase in number of deals when compared to the previous quarter. Through said fifteen deals, $117,609,900 dollars were invested.
Read the full MoneyTree Report here.
