Nationwide, venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP and the National Venture Capital Association. Quarterly venture capital (VC) investment activity fell 19 percent in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011 when $7.1 billion was invested in 889 deals. Read the full release and industry analysis here.
However, San Diego’s venture funding rose in Q1. “Even subtracting out the unusually large Sapphire deal, local companies still received more money in the quarter, with life science firms getting the bulk of the funding,” according to the San Diego Union-Tribune.
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