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Bob Carey
Chief Market Strategist
Brian Wesbury
Chief Economist
Investment Insights
Factoid of the Day Tuesday, April 22, 2014
Venture capitalists invested $9.5 billion (951 deals) in Q1’14, up from $8.4 billion (1,112 deals) in Q4’13, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters. Venture capital (VC) investments into the Software industry totaled $4.0 billion in Q1. Software companies accounted for 44% of all deals. Biotechnology was the second most active industry in terms of VC funding taking in $1.1 billion (112 deals) in Q1. The IT Services industry captured the third largest total at $816 million (59 deals).
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