Friday, July 18, 2014
Texas Companies Raise $365.4M In Venture Capital In Q2
Companies in Texas raised $365.4M in venture capital in Q2 of the year, according to the numbers released last night by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The MoneyTree funding numbers for Texas were slightly up from Q1, when $345.8M was raised in Texas, and about double the $186.7M raised in Q2 of 2013 in the region. The quarter's funding brings the state's total venture capital for 2014 to $700.2M so far.
Nationally, there was $13.0 billion invested in companies across the nation, which PwC and the NVCA said was the highest level since Q4 of 2000. Those numbers were 34 percent higher in terms of dollars, and 13 percent in the number of deals compared with the first quarter of the year.
Image courtesy Bigstock.