Venture investors are still keeping a tight grip on their capital in the wake of the world’s financial meltdown, making the third quarter of 2009 look about as anemic as the first two quarters of the year.
According to data from industry tracker Dow Jones VentureSource, VCs put $5.07 billion into 616 deals in the third quarter, which marks a 6% drop from the $5.42 billion put into 595 deals in the second quarter of the year.