Last year, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors, according to the region’s Venture Capital Advisory Task Force. This activity represents a 34 percent increase over the amount raised by companies in 2011. This growth bucks a national trend: Data recently released in The MoneyTree™ Report by PricewaterhouseCoopers and the National Venture Capital Association (based on data from Thomson Reuters), showed an overall decrease in dollars invested of 10 percent in 2012.
To read the original article: Growth Rate of Investment in NE Ohio Outpaces the Nation
