Despite a still sluggish economy, venture capital firms poured a total of $28.4 billion into 3,673 deals last year—one of the highest levels of dollar investments of the decade—with the majority of deals going into the software and biotechnology industries.
The annual figures represent an increase of 22 percent in dollar terms and a 4 percent increase in the number of deals compared with the 2010 figures, according to The MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.
This year’s VC funding figures represent the third highest annual investment (in dollar terms) of the past decade.
To read the full, original article click on this link: Venture capitalists favor Silicon Valley, but Silicon Alley is rising fast | VentureBeat
