Benjamin Kuo’s Blog

Well, the latest quarterly venture capital numbers are in — from both PricewaterhouseCoopers/NVCA/Thompson and Ernst & Young/VentureOne. According to the PwC/NVCA report, Southern California had $784.4M in venture deals for the quarter, placing us third in the nation after New England ($998M) in venture deals. However, Ernst & Young/VentureOne reports that Southern California had $961.3M in venture capital investments in the quarter, with 78 financings–making us number two, beating out New England’s $849.1M in deals.

Either way, depending on whose numbers you use, there was still a hefty amount of investment in the area in Q3. A quick, unaudited query of the socalTECH database actually totals up $1.258B in deals for Southern California, but there’s normally a great deal of variation between various databases (depending on reporting, dates of funding events tallied, etc.).

This entry was posted on Monday, October 22nd, 2007 at 9:41 am and is filed under Venture Capital. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.