Friday, July 18, 2014
Rocky Mountain Region Finds $356.62M In Venture Capital In Q2
The Rocky Mountain region saw a health amount of venture capital investment in Q2 of 2014, reporting $356.62M in venture capital investments across the region, according to numbers provided by the PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report. The report--which was released last night--used numbers from Thomson Reuters. The investment total is significantly above the $166.6M invested in the region in Q2 of 2013.
The largest amount of investment went to Colorado, which had 20 investments worth a total of $150.8M, with Utah nearly neck-and-neck with ten investments totaling $148.7M. Arizona had $52.25M across 7 investments reported, and Idaho had two investments totaling $1.87M, and New Mexico had a single investment worth $3.0M.
Nationally, there was $13.0 billion invested in companies across the nation, which PwC and the NVCA said was the highest level since Q4 of 2000. Those numbers were 34 percent higher in terms of dollars, and 13 percent in the number of deals compared with the first quarter of the year.
Image courtesy Bigstock.