Venture investment in the first half of this year dipped from a year ago as investors backed away from biopharmaceuticals and kept consumer Internet deals on a tighter leash.
Although the second quarter was stronger than the first, total investment in U.S. venture-backed companies for the first six months of 2012 was $15.32 billion, down 7.2% from the first half of last year, according to data from VentureSource, a research unit of VentureWire publisher Dow Jones & Co.
To read the full, original article click on this link: Fundraising Drags on First-Half Venture Investment - Venture Capital Dispatch - WSJ
