Venture capitalist’s investments rose 19% in dollars and a 12% rise in deals over last year according to MoneyTree Report by PricewaterhouseCoopers LLP and the National Venture Capital Association. That translates into $21.8 billion in 3,277 deals in 2010.
Double-digit increases were seen across almost every industry, although fourth quarter investing declined in both first-time dollars and deals when compared to Q3 2010.
The Software industry regained its status as the single largest investment sector for the year, rising 20% over 2009 to $4.0 billion in 2010, and Biotechnology investing increased modestly while The Medical Device industry fell 9% in dollars and was flat in terms of deals in 2010.
To read the full, original article click on this link: PwC:Annual venture investment increases for first time in four years | Big4.com
Author: Rob Starr
