MoneyTree Venture Capital Profile for Virginia

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in Virginia Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
2000 210 2743089.8
2001 119 142901.3
2002 74 92415.7
2003 65 83350.9
2004 64 81291.2
2005 76 87509.5
2006 75 90428.4
2007 79 96536.8
2008 69 86514.1
2009 41 47249.8
2010 29 31195.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 21 21141.1
2008-2 24 25113.8
2008-3 23 23138.0
2008-4 17 17121.2
2009-1 7 7 36.5
2009-2 13 13 87.5
2009-3 7 7 35.2
2009-4 20 20 90.6
2010-1 13 13 90.5
2010-2 18 18105.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Software 8 8 62.9
2 IT Services 3 3 5.0
3 Telecommunications 3 3 21.9
4 Financial Services 1 1 0.2
5 Media and Entertainment 1 1 6.8
6 Business Products and Services 1 1 0.1
7 Biotechnology 1 1 8.1
-Total 18 18105.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 6 6 20.0
2 Internet Software,Services and Tools 6 6 53.6
3 Online Communications,Infrastructure and Hardware 2 2 19.0
-Total 14 14 92.6

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage6 6 20.6
2Seed1 1 0.0
3Expansion4 4 25.9
4Later Stage7 7 58.5
-Total 18 18105.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

by Top County

04/01/2010 to 06/30/2010

No. County Companies Deals Investment($M)
1 VA-FAIRFAX 13 13 71.8
2 VA-LOUDOUN 3 3 33.0
3 VA-RICHMOND CITY 1 1 0.0
4 VA-VIRGINIA BEACH CITY 1 1 0.2

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia Companies

By Major Metro Area

04/01/2010 to 06/30/2010

No. Area Companies Deals Investment($M)
1Washington Metroplex 18 18105.0
-Total 18 18105.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Virginia

By state of Funding Source

04/01/2010 to 06/30/2010

No. Source state Investors Deals
1 Maryland 4 5
2 Virginia 3 4
3 Massachusetts 4 4
4 California 3 3
5 New Jersey 1 2
6 Pennsylvania 2 2
7 New York 2 2
8 North Carolina 1 2
9 Alabama 1 1
10 Wisconsin 1 1
11 Quebec,(CA) 1 1
12 Texas 1 1
13 Illinois 1 1
14 Non-US 2 1
15 Utah 1 1
16 D. of Columbia 1 1
17 Colorado 1 1
-Total 32 36

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by Virginia Venture Funds

By state of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target state Companies Deals
1 California 6 6
2 Virginia 5 5
3 New York 4 4
4 Massachusetts 3 3
5 Georgia 2 2
6 Tennessee 1 1
7 Washington 1 1
8 Indiana 1 1
9 North Carolina 1 1
- Total 24 24

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Virginia

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 2271.5 620.2
2001 2298.8 803.6
2002 1 90.0 182.1
2007 2195.4 942.5

© 2010 Venture Economics/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Virginia

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0855.8 2548.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in Virginia

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1Intersouth Partners2 2 1.4
2Edison Venture Fund2 2 0.4
3Envest2 2 0.1
4Novak Biddle Venture Partners,2 2 2.3
5Court Square Ventures, LLC1 1 12.5
6Cross Creek Capital, an affili1 1 3.3
7Goldman, Sachs & Co.1 1 0.0
8Greycroft Partners1 1 2.5
9Grotech Ventures1 1 1.1
10Harbert Venture Partners1 1 1.1

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in Virginia

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