Strong showing by software companies boosts US VC activity in Q3

Venture capital market activity in the United States saw a total of US$7.8 billion invested in 1,005 deals in the third quarter of 2013, up 12% in dollar terms from three months earlier, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP and the National Venture Capital Association, based on data provided by Thomson Reuters. To date this year, U.S. market activity is tracking slightly ahead of activity in 2012. Software deals led trends in Q3 2013, accounting for US$3.6 billion invested. Nine of the 11 largest investments in the third quarter went into software companies.

18 October 2013•9 mins read
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