Socal Ranks #2 In VC Dollars For Q2
August 7th, 2007 by Benjamin KuoSouthern California is ranked number two again in venture funding for Q2, with $933M in venture investments last quarter. Silicon Valley still had the most activity in terms of both deal amounts ($2.5B) and number of deals (290 deals), however Southern California continues to be ahead of New England in terms of dollar amounts (New England saw $862.4M in deals, 141 deals total). Interestingly enough, Southern California had a smaller deal count (105 vs. 141) than New England, which also was the same case as last quarter. It appears that funded firms here are simply raising more money in their rounds than in New England.
