WASHINGTON, DC – Venture capitalists invested $48.3 billion into companies located in 160 metropolitan statistical areas (MSAs) in 2014, according to the MoneyTree™ Report by PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data from Thomson Reuters. The geographic distribution of venture capital investment in 2014 spanned the highest number of MSAs of the past five years, and represented a 7.5 percent increase from 2013, when companies in 148 metro areas received venture capital investment.