MoneyTree Venture Capital Profile for North Carolina

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in North Carolina Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
2000 126 1551723.0
2001 74 90587.1
2002 70 83546.5
2003 61 78394.4
2004 45 55289.0
2005 42 48320.9
2006 53 63417.4
2007 53 65461.9
2008 44 51416.3
2009 32 35269.6
2010 23 25230.8

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 10 10 32.4
2008-2 20 20152.8
2008-3 11 11 91.1
2008-4 10 10140.0
2009-1 10 10 36.6
2009-2 11 11 85.7
2009-3 6 6 40.2
2009-4 8 8107.1
2010-1 11 11100.8
2010-2 14 14130.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Biotechnology 3 3 25.6
2 Medical Devices and Equipment 2 2 46.6
3 Business Products and Services 2 2 0.5
4 Semiconductors 2 2 2.8
5 Financial Services 1 1 35.0
6 Healthcare Services 1 1 0.0
7 Telecommunications 1 1 1.8
8 Industrial/Energy 1 1 17.7
9 Software 1 1 0.0
-Total 14 14130.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 5 5 21.6
-Total 5 5 21.6

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage5 5 83.2
2Seed1 1 5.0
3Expansion5 5 36.7
4Later Stage3 3 5.1
-Total 14 14130.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

by Top County

04/01/2010 to 06/30/2010

No. County Companies Deals Investment($M)
1 NC-WAKE 7 7 67.3
2 NC-DURHAM 3 3 7.2
3 NC-ORANGE 1 1 20.5
4 NC-MECKLENBURG 1 1 0.0
5 NC-FORSYTH 1 1 0.0
6 NC-GUILFORD 1 1 35.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina Companies

By Major Metro Area

04/01/2010 to 06/30/2010

No. Area Companies Deals Investment($M)
1Research Triangle 11 11 95.0
2Other US 3 3 35.0
-Total 14 14130.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in North Carolina

By state of Funding Source

04/01/2010 to 06/30/2010

No. Source state Investors Deals
1 North Carolina 6 7
2 New York 5 4
3 California 3 3
4 Maryland 2 2
5 Massachusetts 3 2
6 Non-US 2 2
7 Pennsylvania 1 2
8 Connecticut 1 1
9 Virginia 1 1
10 Florida 1 1
-Total 29 31

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by North Carolina Venture Funds

By state of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target state Companies Deals
1 North Carolina 10 10
2 Massachusetts 4 4
3 California 3 3
4 Virginia 2 2
5 Maryland 1 1
6 Minnesota 1 1
7 New York 1 1
8 Tennessee 1 1
9 Texas 1 1
- Total 24 24

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in North Carolina

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 3176.0 309.1
2003 1 66.0 279.8
2004 1 42.0 167.3
2005 1 40.0 171.5
2006 1 45.0 171.9
2007 1 82.5 281.6

© 2010 Venture Economics/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in North Carolina

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0451.5 1381.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in North Carolina

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1Aurora Funds, Inc.2 2 0.9
2Quaker BioVentures, Inc.2 2 14.1
3IDEA Fund Partners2 2 0.4
4Ascent Venture Partners1 1 1.2
5Canaan Partners1 1 0.8
6De Novo Ventures1 1 4.3
7Envest1 1 0.0
8Essex Woodlands Health Venture1 1 11.0
9Firelake Capital Management1 1 0.8
10General Catalyst Partners (FKA1 1 7.3

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in North Carolina

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)
-All Companies- 0.0 0.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Profile Created:07/13/2010