MoneyTree Venture Capital Profile for California

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in California Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
20002374296141167.1
20011300153715709.2
2002 93710859021.5
2003 94111488245.3
2004104512349903.5
20051127131710822.5
20061299156712835.0
20071368166514678.2
20081353164214101.8
2009 99511859104.0
2010 615 6686000.8

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 450 4503947.0
2008-2 429 4343986.8
2008-3 422 4233566.9
2008-4 335 3352601.2
2009-1 257 2581618.5
2009-2 283 2832034.6
2009-3 293 2952830.6
2009-4 349 3492620.2
2010-1 297 2992219.3
2010-2 369 3693781.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Software 87 87624.6
2 Biotechnology 48 48523.6
3 Media and Entertainment 41 41140.6
4 Medical Devices and Equipment 35 35436.9
5 IT Services 34 34299.4
6 Industrial/Energy 32 321035.2
7 Semiconductors 19 19215.9
8 Telecommunications 16 16143.6
9 Networking and Equipment 13 13 67.1
10 Consumer Products and Services 12 12 98.5
11 Computers and Peripherals 9 9 45.0
12 Business Products and Services 7 7 22.5
13 Financial Services 5 5 71.0
14 Retailing/Distribution 4 4 18.4
15 Electronics/Instrumentation 4 4 14.0
16 Other 2 2 10.0
17 Healthcare Services 1 1 15.0
-Total 369 3693781.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 108 108648.3
2 Internet Software,Services and Tools 63 63485.5
3 Online Communications,Infrastructure and Hardware 27 27195.2
-Total 198 1981329.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage126 126656.2
2Seed42 42400.8
3Expansion117 1171761.7
4Later Stage84 84962.8
-Total 369 3693781.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

by Top County

04/01/2010 to 06/30/2010

No. County Companies Deals Investment($M)
1 CA-SANTA CLARA 99 991341.8
2 CA-SAN MATEO 67 67675.3
3 CA-SAN FRANCISCO 65 65434.1
4 CA-LOS ANGELES 38 38296.6
5 CA-ALAMEDA 34 34401.5
6 CA-SAN DIEGO 24 24170.6
7 CA-ORANGE 21 21284.5
8 CA-MARIN 5 5 20.3
9 CA-SANTA BARBARA 4 4 54.2
10 CA-SONOMA 3 3 19.6
11 CA-SAN BERNARDINO 2 2 11.4
12 CA-CONTRA COSTA 2 2 23.0
13 Unknown 1 1 0.0
14 CA-TULARE 1 1 12.4
15 CA-VENTURA 1 1 27.8
16 CA-YOLO 1 1 2.2
17 CA-SACRAMENTO 1 1 6.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California Companies

By Major Metro Area

04/01/2010 to 06/30/2010

No. Area Companies Deals Investment($M)
1San Jose 167 1672017.2
2San Fran/Berkeley 106 106878.9
3Los Angeles 46 46407.3
4San Diego Metro 24 24170.6
5Orange County 21 21279.5
6Other US 5 5 28.1
-Total 369 3693781.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in California

By state of Funding Source

04/01/2010 to 06/30/2010

No. Source state Investors Deals
1 California 185 263
2 Massachusetts 38 59
3 New York 36 52
4 Non-US 30 32
5 Connecticut 8 19
6 Illinois 11 18
7 Pennsylvania 6 12
8 Maryland 2 12
9 New Jersey 5 12
10 Washington 5 11
11 Texas 6 7
12 Michigan 5 5
13 New South Wales,(AU) 4 5
14 Virginia 4 4
15 Georgia 2 3
16 Ontario,(CA) 2 3
17 Colorado 3 3
18 D. of Columbia 2 3
19 North Carolina 2 2
20 Missouri 1 2
21 British Columbia,(CA) 2 2
22 Victoria,(AU) 2 2
23 Minnesota 1 1
24 Kentucky 1 1
25 Queensland,(AU) 1 1
26 Tennessee 1 1
27 New Hampshire 1 1
28 Indiana 1 1
29 Florida 1 1
30 Ile de France 1 1
31 Oklahoma 1 1
32 Kansas 1 1
-Total 378 662

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by California Venture Funds

By state of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target state Companies Deals
1 California 342 344
2 Non-US 67 68
3 Massachusetts 37 37
4 Washington 24 24
5 Texas 16 16
6 New York 14 14
7 Pennsylvania 11 11
8 Maryland 9 9
9 Florida 6 6
10 Colorado 6 6
11 North Carolina 6 6
12 Minnesota 4 4
13 Virginia 4 4
14 Illinois 4 4
15 Unknown 4 4
16 Utah 4 4
17 New Jersey 4 4
18 Indiana 3 3
19 Oregon 3 3
20 Arizona 3 3
21 Michigan 2 2
22 Quebec,(CA) 2 2
23 Alberta,(CA) 2 2
24 Georgia 2 2
25 Ile de France 2 2
26 Nevada 2 2
27 Wisconsin 1 1
28 Ontario,(CA) 1 1
29 Ohio 1 1
30 New Mexico 1 1
31 New Hampshire 1 1
32 Iowa 1 1
33 Hawaii 1 1
34 D. of Columbia 1 1
35 Connecticut 1 1
36 Rhone-Alpes 1 1
37 Provence-Alpes-Cote dAzur 1 1
- Total 594 597

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in California

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 636536.4 36883.4
2001 171617.7 7640.8
2002 6443.2 3036.4
2003 13865.3 3933.3
2004 415128.2 37539.5
2005 14795.8 3033.2
2006 191760.5 7681.0
2007 323576.5 16319.8
2008 3226.0 930.2
2009 3358.0 1661.4
2010 111063.3 5466.8

© 2010 Venture Economics/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in California

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2009-2 2201.8 856.5
2009-4 1156.2 804.9
2010-1 6557.5 2363.2
2010-2 5505.8 3103.6
Total 1423792.3 131254.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in California

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1Kleiner Perkins Caufield & Bye23 23140.4
2New Enterprise Associates, Inc11 11 62.0
3Benchmark Capital11 11 27.6
4Venrock Associates10 10 23.6
5Draper Fisher Jurvetson10 10 43.1
6Accel Partners9 9 46.9
7U.S. Venture Partners9 9 24.1
8Foundation Capital9 9 50.4
9Canaan Partners9 9 26.2
10Domain Associates LLC8 8 40.8

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in California

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)
1Tesla Motors, Inc.06/29/2010226.11582.9
2Alpha & Omega Semiconductor, L04/29/2010 91.5397.6
3Codexis, Inc.04/22/2010 78.0441.7
4TeleNav, Inc.05/14/2010 56.0328.7
5ReachLocal, Inc.05/20/2010 54.2352.8
-All Companies-505.8 3103.6

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Profile Created:07/13/2010