The venture capital industry bounced back considerably in 2011, according a report released last week by PricewaterhouseCoopers and the National Venture Capital Association. Investments totaled $28.4 billion, an increase of 22 percent over 2010 and a whopping 44 percent from 2009. They are almost back to their 2007 pre-crisis high of $30.8 billion.
The map above, by the Martin Prosperity Institute's Zara Matheson, shows the regional breakdown. (The PWC MoneyTree data is only available for this set of regions). Silicon Valley remains the leading center for venture capital investment with $11.6 billion, 40 percent of the total. New England (mainly the greater Boston area) was second with $3.2 billion in capital, 11 percent of the total. Greater New York was not far behind, with $2.7 billion or almost 10 percent. It also bested New England in the third quarter of 2011.
To read the full, original article click on this link: The Geography of Venture Capital - Jobs & Economy - The Atlantic Cities
