Benjamin Kuo’s Blog

Dow Jones VentureSource is reporting this morning that Southern California’s total venture investments totaled $3.8B, in 272 deals. The firm said that the region saw a 12% increase in investments over 2006.

The numbers follow  the release of PricewaterhouseCoopers and the NVCA MoneyTree Report Saturday, which reported that Southern California (Los Angeles, Orange County, and San Diego) had $677.6M in deals for Q4. That level of investment is actually down from $784.4M in Q3, and most significantly saw Southern California dropping behind New England in terms of funding dollars and deal count.

Another interesting detail apparent in the PwC results was the huge amount of investments specifically in San Diego, which represented $423.7M  of the Q4 deals.

This entry was posted on Tuesday, January 22nd, 2008 at 11:40 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.