MoneyTree Venture Capital Profile for Maryland

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in Maryland Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
2000 146 1781673.1
2001 77 95905.3
2002 75 95611.7
2003 79 87322.7
2004 81 90549.9
2005 90 104462.2
2006 97 112639.4
2007 81 95601.4
2008 90 105455.6
2009 57 67285.7
2010 37 41167.9

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 26 26114.2
2008-2 22 22 96.4
2008-3 25 25 73.5
2008-4 31 32171.5
2009-1 21 21 43.3
2009-2 14 14 50.6
2009-3 10 10 84.9
2009-4 22 22107.0
2010-1 15 15 66.4
2010-2 26 26101.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Biotechnology 10 10 29.3
2 Software 5 5 10.5
3 Medical Devices and Equipment 4 4 1.7
4 Industrial/Energy 2 2 12.5
5 Media and Entertainment 2 2 7.2
6 Business Products and Services 1 1 6.0
7 Financial Services 1 1 24.7
8 Networking and Equipment 1 1 9.5
-Total 26 26101.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 5 5 10.4
2 Internet Software,Services and Tools 3 3 8.8
3 Online Communications,Infrastructure and Hardware 1 1 9.5
-Total 9 9 28.7

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage7 7 15.8
2Seed7 7 16.4
3Expansion4 4 21.7
4Later Stage8 8 47.6
-Total 26 26101.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

by Top County

04/01/2010 to 06/30/2010

No. County Companies Deals Investment($M)
1 MD-MONTGOMERY 9 9 26.3
2 MD-BALTIMORE CITY 4 4 47.3
3 MD-HOWARD 4 4 0.3
4 MD-ANNE ARUNDEL 3 3 12.3
5 MD-BALTIMORE 3 3 2.1
6 MD-PRINCE GEORGE'S 2 2 12.6
7 MD-FREDERICK 1 1 0.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland Companies

By Major Metro Area

04/01/2010 to 06/30/2010

No. Area Companies Deals Investment($M)
1Washington Metroplex 26 26101.4
-Total 26 26101.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Maryland

By state of Funding Source

04/01/2010 to 06/30/2010

No. Source state Investors Deals
1 Maryland 9 14
2 California 9 7
3 Massachusetts 6 6
4 New York 4 3
5 Pennsylvania 4 2
6 New Jersey 1 2
7 Connecticut 1 1
8 Colorado 1 1
9 Kentucky 1 1
10 Illinois 1 1
11 North Carolina 1 1
-Total 40 43

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by Maryland Venture Funds

By state of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target state Companies Deals
1 California 15 15
2 Maryland 15 15
3 Virginia 7 7
4 Massachusetts 6 6
5 Non-US 5 6
6 North Carolina 3 3
7 Texas 3 3
8 Georgia 2 2
9 D. of Columbia 2 2
10 Minnesota 2 2
11 Washington 1 1
12 Utah 1 1
13 Tennessee 1 1
14 Oregon 1 1
15 New York 1 1
16 New Jersey 1 1
17 Missouri 1 1
18 Connecticut 1 1
19 Not applicable 1 1
20 Arizona 1 1
- Total 70 71

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Maryland

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 61422.0 12700.8
2005 2202.6 538.3
2006 3188.5 832.5
2007 2129.7 826.6
2010 1 67.5 222.5

© 2010 Venture Economics/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Maryland

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2010-2 1 67.5 222.5
Total 12077.8 15343.1

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in Maryland

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1Maryland Technology Developmen8 8 0.6
2Domain Associates LLC2 2 8.3
3Venrock Associates2 2 6.0
4Boulder Ventures, Ltd.1 1 1.4
5Burrill & Company1 1 0.6
6CWM Ventures (AKA: Carsey Wern1 1 3.8
7Chrysalis Ventures1 1 0.5
8Cisco Systems, Inc.1 1 2.4
9Cross Atlantic Capital Partner1 1 1.0
10Grotech Ventures1 1 1.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in Maryland

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)
1BroadSoft, Inc.06/16/2010 67.5222.5
-All Companies- 67.5 222.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Profile Created:07/13/2010