MoneyTree Venture Capital Profile for Washington

PricewaterhouseCoopers/Thomson Reuters/NVCA

Venture Capital Investment in Washington Companies

By Year

As of 06/30/2010

Year Companies Deals Investment($M)
2000 210 2592795.8
2001 120 1471107.5
2002 85 109547.3
2003 69 82449.9
2004 96 114837.0
2005 107 123803.5
2006 120 1381043.1
2007 134 1681293.4
2008 124 162873.4
2009 90 110598.4
2010 54 61363.7

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

By Quarter

Qtr Companies Deals Investment($M)
2008-1 42 42348.5
2008-2 47 48231.8
2008-3 35 36199.7
2008-4 36 36 93.4
2009-1 23 23108.1
2009-2 38 38152.3
2009-3 22 22180.2
2009-4 27 27157.8
2010-1 24 24176.2
2010-2 37 37187.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

By Industry/Technology Sector

04/01/2010 to 06/30/2010

No. Sector Companies Deals Investment($M)
1 Software 11 11 32.6
2 Medical Devices and Equipment 4 4 17.8
3 Networking and Equipment 4 4 6.0
4 Biotechnology 3 3 49.9
5 Media and Entertainment 3 3 4.1
6 Industrial/Energy 3 3 42.1
7 Healthcare Services 2 2 7.3
8 Business Products and Services 2 2 6.9
9 IT Services 2 2 5.7
10 Telecommunications 1 1 7.0
11 Financial Services 1 1 6.0
12 Computers and Peripherals 1 1 2.0
-Total 37 37187.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

By Internet Related Technology

04/01/2010 to 06/30/2010

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 12 12 26.1
2 Internet Software,Services and Tools 7 7 25.8
3 Online Communications,Infrastructure and Hardware 4 4 12.4
-Total 23 23 64.3

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

By Stage

04/01/2010 to 06/30/2010

No. Stage Companies Deals Investment($M)
1Early Stage15 15103.5
2Seed2 2 37.0
3Expansion12 12 32.9
4Later Stage8 8 14.1
-Total 37 37187.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

by Top County

04/01/2010 to 06/30/2010

No. County Companies Deals Investment($M)
1 WA-KING 35 35179.5
2 WA-KITSAP 1 1 4.9
3 WA-CLARK 1 1 3.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington Companies

By Major Metro Area

04/01/2010 to 06/30/2010

No. Area Companies Deals Investment($M)
1Seattle 36 36184.4
2Other US 1 1 3.0
-Total 37 37187.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment in Washington

By state of Funding Source

04/01/2010 to 06/30/2010

No. Source state Investors Deals
1 Washington 12 21
2 California 24 19
3 Massachusetts 5 5
4 New York 5 4
5 Connecticut 3 3
6 Illinois 2 2
7 Colorado 2 2
8 Minnesota 1 1
9 Missouri 1 1
10 Indiana 1 1
11 Pennsylvania 1 1
12 Michigan 1 1
13 Georgia 1 1
14 Virginia 1 1
15 Victoria,(AU) 1 1
16 Non-US 1 1
17 Texas 1 1
-Total 67 79

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investment by Washington Venture Funds

By state of Companies Receiving Money

04/01/2010 to 06/30/2010

No. Target state Companies Deals
1 Washington 23 23
2 California 13 13
3 Massachusetts 2 2
4 Connecticut 1 1
5 Oregon 1 1
6 Quebec,(CA) 1 1
7 Rhode Island 1 1
8 D. of Columbia 1 1
- Total 43 43

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Washington

By Year

As of 06/30/2010

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2000 2246.6 469.7
2001 1 49.0 206.8
2002 2148.0 626.4
2004 4355.5 1317.5
2006 3267.1 1352.4
2007 1600.0 3333.1
2009 1 68.2 212.9
2010 1 60.0 397.4

© 2010 Venture Economics/NVCA

Data current as of 12-JUL-2010

Venture Capital Backed IPOs in Washington

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2009-4 1 68.2 212.9
2010-2 1 60.0 397.4
Total 21922.5 8526.5

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Capital Investing in Washington

Most Active Venture Investors

04/01/2010 to 06/30/2010

No. Firm Companies Deals Investment($M)
1OVP Venture Partners5 5 6.0
2Ignition Partners (FKA: Igniti4 4 2.6
3Voyager Capital4 4 4.8
4Catamount Ventures, L.P.3 3 6.9
5Frazier Healthcare and Technol2 2 6.8
6Khosla Ventures2 2 9.4
7Madrona Venture Group2 2 4.0
8Amgen, Inc.2 2 7.2
9Menlo Ventures2 2 2.0
10WRF Capital2 2 4.0

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Venture Backed IPOs in Washington

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)
1Motricity, Inc.06/18/2010 60.0397.4
-All Companies- 60.0 397.4

© 2010 PricewaterhouseCooper/Thomson Reuters/NVCA MoneyTree Survey

Data current as of 12-JUL-2010

Profile Created:07/13/2010