Kleiner Perkins related stories
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Week in deals, Jan. 25, 2010Summary of North American tech companies and other startups that raised venture financing in the past week
- peHUB Wire: Monday, January 25, 2010
Monday Mouth-Off
- peHUB Wire: Monday, January 25, 2010
Monday Mouth-Off
- 2009 VC Investment Data: Silver Linings In A Dark Cloud
Venture capitalists invested $17.7 billion into 2,795 deals for U.S.-based companies in 2009, according to data released today by PricewaterhouseCoopers, the National Venture Capital Association and Thomson Reuters (publisher of peHUB). That's a 37% dollar decrease and 30% deal decrease from 2008, and represents the lowest volumes since 1997. It actually gets a bit worse. All but one industry sector experienced double-digit dollar declines (including some particularly sluggish stats for cleantech). And the one exception -- chips and networking -- still dropped by five percent. So why my headline optimism? Three reasons: 1. Low investment totals might concern entrepreneurs and fee-driven investors, but they don't correlate to low investment returns. Far more venture capital was invested in 2001 or 2003 than in 1997, but which year's median returns would you prefer?
- Venture Capitalist Named Navigenics CEO
Vance Vanier has joined personalized genomics company Navigenics as president and CEO. He previously was a partner with Navigenics investor Mohr Davidow Ventures. Navigenics has raised over $25 million in VC funding, from MDV, Kleiner Perkins and Sequoia Capital.
- Kleiner Does 14 Deals in December, Sign of A Turnaround?
Venture capital investment picked up significantly in the fourth quarter, according to preliminary data from Thomson Reuters (publisher of peHUB). The National Venture Capital Association and PwC won’t release their official MoneyTree Report (which is based on Thomson Reuters’ data) until this Friday, but the raw numbers in our database show a spike. The preliminary figures show that U.S.-based VCs pumped just over $17 billion into nearly 1,400 companies in Q4, making it the biggest quarter of 2009. By comparison, U.S.-based VCs invested $13.9 billion in 1,251 companies in Q3, $8.9 billion in 1,223 companies in Q2, and $7 billion in 1,130 companies in Q1, according to Thomson Reuters. The MoneyTree numbers will be a bit different, since they focus only on investments in U.S.-based companies (regardless of VC location). They also get scrubbed a bit by PwC before release. That said, I'd be surprised if MoneyTree shows a decline from Q3 to Q4. As I noted in a previous post /55536/nea-goes-hyper-does-12-deals-in-october/ about New Enterprise Associates, we’ve seen anecdotal evidence that at least some firms have become more active.
- peHUB Wire: Tuesday, January 19, 2010
Random Ramblings
- peHUB Wire: Tuesday, January 19, 2010
Random Ramblings