Private company financing cooled off last week with a decline in both deal volume and funding, the lowest level of financing we have seen in the past six weeks. California and Massachusetts were the top-funded states this past week, followed by Pennsylvania, Texas and Minnesota. Texas ranks in the top 5 for a second straight week and both Pennsylvania and Minnesota funding reached a twelve week high. It should also be noted that New York once again failed to make a Top 5 appearance in our funding league table; however, the Empire state did have the second highest number of deals last week. So it would seem that deal activity is strong but financiers are making smaller bets. 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.