Venture Capital Funding Rises in Q2, Healthcare Tops IT
U.S. venture capital investment rose by 32% in the second quarter, according to data released Friday by Dow Jones VentureSource. This comes after a particularly dreadful Q1 (lowest volume since 1998), and puts the industry back at 2005 activity levels. The top-line Q2 numbers are $5.27 billion invested through 595 deals. Of greater import, however, is that healthcare investing topped IT investing for the first time on record. VCs invested $2.23 billion into healthcare companies last quarter, compared to just $1.88 billion in IT companies. The healthcare figures include the quarter's largest deal, a $146 million Series A round for Clovis Oncology Inc.
19 July 2009•1 min read
