In the first quarter of 2012, investor confidence rose to the highest point it’s been in more than a year. The latest Silicon Valley Venture Capitalist Confidence Index — which measures how much statup investing confidence VCs have — shows a significant jump in confidence over the fourth quarter of 2011.

Investor confidence rose sharply in the first quarter of 2012, coming in at 3.79 on a five-point scale, according to the report. This is up from 3.27 in the fourth quarter of 2011. The increase is the first time the index has risen in a year, during the 2011 first quarter.

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