American VCs invest $9.5 bln in Q1 as deal sizes rise
Venture capitalists in the United States put more money to work in the first quarter with a boost in expansion-stage and mega-scale transactions leading to a substantial lift in average deal size. Quarterly funding of US$9.5 billion rose 12 percent from the fourth quarter and a hearty 57 percent from the first quarter a year ago, according to a report from PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. It was the largest quarterly total since the second quarter of 2001.
22 April 2014•2 mins read
