Venture Capital Exceeds $20B for 2009. Q4 ’09 Sees $5.5B of Funding and Solid Deal Strength.
Our entire 29 page, downloadable venture capital activity report is embedded at the end of this post. To access the complete list of companies receiving venture capital in Q4 ’09, login to CB Insights.
Oh what a difference a year makes.
In Q4 2008, we tracked $5.9B of venture funding, but against the backdrop of economic and equity market tumult, many pundits were predicting this number was indicative of the demise of the venture capital asset class. Q4 2009 sees funding levels of $5.5B and despite a decline versus the year ago quarter, the psychology and sentiment underlying the number couldn’t be more different. Yes, optimism, albeit of the cautious variety, seems to have found its way back. Q4 2009 saw VC activity hit $5.5B spread across 687 deals according to CB Insight’s high growth private company database. 687 deals is the most activity in a single quarter in the last five quarters.
