Summary
Venture capitalists poured $51.1 million into five Connecticut companies during the fourth quarter, marking a 6.7 percent increase in funding compared with the same period in 2004, but divided among a smaller group. The quarterly MoneyTree Survey released today shows the average amount given to Connecticut companies during the fourth quarter totaled $10.2 million. During the fourth quarter of 2004, venture capitalists gave $47.9 million divided among eight companies, with the average deal hitting $6 million.
The survey, from PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association, also shows a 14.7 percent decrease from the third quarter of 2005, when investors distributed $59.9 million among eight companies.See the full content of this document
Extract
Fewer Firms Saw More Venture Capital in '05
The survey results demonstrate "the venture capital community's confidence in certain Connec...
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