MoneyTree Venture Capital Profile for Twin Cities

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in Twin Cities Metro Region Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
2000 89 102888.7
2001 62 72421.9
2002 43 46355.4
2003 37 49223.7
2004 36 45323.4
2005 33 38281.5
2006 31 36314.1
2007 43 53451.0
2008 38 42400.3
2009 32 33256.2
2010 12 12 65.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Twin Cities Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 8 8 50.8
2008-2 14 15 99.3
2008-3 8 8194.5
2008-4 11 11 55.7
2009-1 5 5 48.3
2009-2 11 11 90.1
2009-3 5 5 16.4
2009-4 12 12101.5
2010-1 4 4 20.1
2010-2 8 8 44.9

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Twin Cities Metro Region Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Medical Devices and Equipment 4 4 33.5
2 Biotechnology 2 2 10.3
3 Software 1 1 1.0
4 Media and Entertainment 1 1 0.0
-Total 8 8 44.9

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Twin Cities Metro Region Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 1 1 1.0
2 Ecommerce Goods, Services and Content 1 1 0.0
-Total 2 2 1.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Twin Cities Metro Region Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage3 3 14.0
2Seed1 1 4.0
3Expansion1 1 1.0
4Later Stage3 3 25.9
-Total 8 8 44.9

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Twin Cities Metro Region Companies

By Region of Funding Source

04/01/2010 to 06/30/2010

No. Source metro_region Investors Deals
1 San Jose 2 2
2 Washington Metroplex 1 2
3 Boston 2 2
4 Twin Cities 4 2
5 Denver 1 1
6 Los Angeles 1 1
7 Chicago 1 1
8 New York Metro 1 1
9 Research Triangle 1 1
-Total 18 19

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by Twin Cities Metro Region Venture Funds

By Region of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target metro_region Companies Deals
1 Twin Cities 3 3
2 Other US 2 2
3 Chicago 2 2
4 Boston 2 2
5 San Jose 2 2
6 Non US 2 2
7 San Diego Metro 1 1
8 Los Angeles 1 1
9 Seattle 1 1
10 Philadelphia 1 1
11 Austin 1 1
- Total 18 18

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Twin Cities Metro Region

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 3150.3 628.3
2003 1 51.0 130.4
2004 1183.2 614.4
2005 1 55.3 148.9
2006 3157.0 693.6
2007 3189.0 809.8
2010 1 49.2 131.1

© 2010 Thomson Reuters/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Twin Cities Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2010-2 1 49.2 131.1
Total 1884.1 3287.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in Twin Cities Metro Region

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1New Enterprise Associates, Inc2 2 6.1
2Appian Ventures1 1 0.3
3Delphi Ventures1 1 2.3
4Ethanol Capital Management, LL1 1 5.2
5GRP Partners1 1 0.3
6Hatteras Venture Partners (FKA1 1 2.3
7U.S. Venture Partners1 1 0.8
8Affinity Capital Management1 1 2.3
9Sandbox Industries1 1 0.0
10SightLine Partners1 1 0.8

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in Twin Cities Metro Region

Top IPOs

04/01/2010 to 06/30/2010

No. Company IPO DATE Money Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1SPS Commerce, Inc. (FKA: St. P04/22/2010 49.2131.1
-All Companies- 49.2 131.1

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Profile Created:07/13/2010