Arlington, Va. – Venture capital investments in the U.S.
last year increased for the first time since 2007, according to a new report by
PricewaterhouseCoopers and the National Venture Capital Association (NVCA).
told, investors sunk $21.8 billion into 3,277 deals in 2010, up 19% in dollars
and 12% in deals over the prior year, based on data from Thomson Reuters.
Double-digit increases were spread across almost every industry, including the
Clean Technology and Internet-Specific sectors.
"The venture capital
community found itself in a better position at the end of 2010," said Mark
Heesen, president of the NVCA.
"We were clearly in recovery mode with
investment levels reflecting the economic reality of our business. Increased
investment across a diverse range of sectors highlighted those areas where the
greatest opportunities lie, particularly within the Internet, software and
clean technology industries."
Of particular note, there were nearly 30%
more new companies receiving venture capital for the first time in 2010 than in