Venture capital financing activity picked up in a huge way in 2014 – to the tune of $23.87B across 1854 deals in the first six months of the year. While mega-rounds and billion-dollar valuations captured the headlines, there were also a number of venture capital firms that got extremely busy in the first half of 2014 with a select few participating in more than 50 deals over the period.
We compiled the most active venture capital firms in H1 2014 and then broke down the investor activity league tables for the top 3 hubs for venture capital – Silicon Valley, New York and Massachusetts over the same period.
The data below.
The Most Active Venture Capital Firms in H1 2014
New Enterprise Associates led all venture capital or corporate venture capital investors by U.S. deals in H1 2014. Kleiner Perkins Caufield & Byers got busy in the first half of 2014 as well – completing over 50 deals including to Duolingo, Tradesy and recently acquired RelateIQ among others.
The top 5 most active firms were rounded out by Andreessen Horowitz, Google Ventures and 500 Startups.
Peeling back the venture capital data by region, we see that Andreessen Horowitz narrowly beats out New Enterprise Associates and Google Ventures, for the top spot in the Valley. Bay Area investments by Andreessen Horowitz in the first half of 2014 include Tanium, Okta and Optimizely. NEA deals in the area include Ravel Law, Aerospike and Mulesoft, while Google Ventures has invested in companies including Secret, URX, Cloudera and Medium. 500 Startups and Kleiner Perkins have also been highly active investors in Valley-based startups since the start of the year.
The Most Active New York Venture Capital Firms
In Q2 2014, New York saw venture capital investors deploy over $1B to startups in the area as Q2 funding and deal levels grew 36% and 9% on a sequential basis. Newly rebranded Lerer Hippeau Ventures topped the most active venture firms in New York in the first half of 2014, followed closely by fellow New York-based fund RRE Ventures. Nearly all of Lerer Hippeau’s New York-headquartered investments in H1 2014 came at the seed or Series A stages including Confide, Fundera, and Distractify. RRE investments over the period include Noom, Datadog, Electric Objects and Yieldbot. First Round Capital, SV Angel and SoftBank Capital round out the top 5 most active New York venture capital firms in the first six months of the year.
The Most Active Massachusetts Venture Capital Firms
Massachusetts saw venture capital investors pour over $1.9B across 188 deals in the first half of 2014. Local investors dominate owning the top 5 spots. The most active venture capital firm for Mass.-based companies was Cambridge-headquartered Atlas Venture, followed by General Catalyst Partners and Polaris Partners, respectively. Local Atlas investments in H1 2014 include DataXu, Ataxion and Vhoto. The top 15-ranked venture capital firms by total Massachusetts investments in H1 2014 are below. Note: CommonAngels, despite its name, became a VC fund in 2013 when it closed a $16.2M fund in October 2013 and hence is included in the rankings below.
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