Texas Hits New High in Weekly Funding
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This past week, high growth private company financing saw a decline in deal volume (103 Deals) with a modest improvement in total funding ($324 million) vs. the prior week. Although California set a new low for 2010 with $85M in financing, it was still the top location for funding. Massachusetts followed closely behind California with a surge in funding that launched the state over the $60 million mark for the first time in seven weeks. Texas took hold of the third spot hauling in its largest single week of funding for 2010. The top 5 funding league table was rounded out by Minnesota and Colorado. Minnesota appeared in the top 5 rankings for only the second time in 2010. Interactive charts on the past week’s dealflow are below (may take a second to load). To see profiles on the private companies receiving funding in the last week, logon to CB Insights.
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