According to The MoneyTree™ Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters, venture capitalists invested $13.0 billion in 1,114 deals in the second quarter of 2014, which is the most money invested in a quarter since the first quarter of 2001. The PwC/NVCA MoneyTree Report further notes that companies receiving a venture investment for the first time accounted for 32 percent of the 1,114 deals completed last quarter.