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On Tuesday, the National Venture Capital Association (NVCA), a trade association representing the U.S. venture capital industry, released the results of its latest venture funding study. The study, conducted with PriceWaterhouseCoopers and Thomson Reuters, indicates that venture capitalists invested $4.8 billion in 637 deals in the third quarter of 2009, a 17% increase in dollars and 3% decrease in deals as compared to the second quarter of 2009.

NVCA Study Shows Increase in Third Quarter Venture Funding