Venture capital investment in Maryland companies in the second quarter plummeted to its lowest level in almost 16 years, according to a new report.
In eight deals, investors pumped $25.5 million into state businesses during the quarter. It was the first time such investments have fallen below $30 million since the fourth quarter of 1996, when eight deals totaling $16 million were made, according to the new MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.
To read the full, original article click on this link: Gazette.Net: Venture capital falls off its own fiscal cliff in Maryland
