U.S. VCs Invested $6.57B Last Quarter

U.S. venture capitalists opened their wallets a bit wider in the last quarter of 2011 than a year ago, investing $6.57 billion in the nation's startups, up 19% from the $5.52 billion invested a year earlier, Reuters reported, citing a report from the National Venture Capital Association and Pricewaterhouse Coopers. The venture-capital funds invested the funds in 844 companies, down from 861 companies a year ago, translating into an average deal size of $7.8 million compared to $6.4 million a year ago, Reuters wrote.

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