Monday, October 22, 2007

Texas Sees $386.2M In VC In Q3

Texas saw $386.2M in 39 venture capital deals in Q3 of 2007, according to a report released over the weekend by PricewaterhouseCoopers and the National Venture Capital Association in their MoneyTree Report. The amount of venture capital was slightly higher than the $347.4M in 37 venture deals reported in Q2 of this year. The report, based on data from Thomson Financial, found that nationally, there were $7.1B in 887 deals for the third quarter. Investment activity nationally was down slightly from Q2, when there was $7.2M in 1,000 deals.