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Venture funding reaches 6-year peak. Investors lit up Washington state startups in ’07

January 19, 2008 /

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Despite economists’ mounting fears of a recession, U.S. venture capitalists in 2007 poured $29.4 billion into 3,800 U.S.-based start-ups in the highest annual total investment in six years, according to a new report.

By Edward Iwata, USA TODAY

Full Story: http://www.usatoday.com/money/markets/2008-01-19-vcfunding_N.htm

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Investors lit up state startups in ’07

By JOHN COOK
P-I REPORTER

Venture capitalists were busy in Washington state last year, pumping $1.3 billion into 170 deals.

That’s the largest total since the boom years of 1999 and 2000 and the third-biggest haul since PricewaterhouseCoopers and the National Venture Capital Association started tracking venture investments in 1995.

It also represented a 20 percent increase in deals and a 31 percent increase in dollars over last year, which was a blockbuster period itself, with $1 billion invested in the state.

Full Story: http://seattlepi.nwsource.com/business/348002_venture19.html