MoneyTree Venture Capital Profile for Boston

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Boston Metro Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 256 3161564.6
1999 383 4774098.7
2000 536 6528785.1
2001 368 4393997.7
2002 255 3172146.4
2003 256 3242355.6
2004 274 3292815.4
2005 268 3102220.6
2006 284 3432657.0
2007 316 3843246.5
2008 88 88618.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Boston Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 95 96896.7
2006-2 87 87610.0
2006-3 74 74521.6
2006-4 85 86628.7
2007-1 79 79828.3
2007-2 104 105708.2
2007-3 105 105943.0
2007-4 94 95767.1
2008-1 88 88618.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Boston Metro Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 26 26143.1
2 Biotechnology 24 24228.0
3 Medical Devices and Equipment 8 8 58.6
4 Semiconductors 5 5 81.7
5 Consumer Products and Services 4 4 18.2
6 Telecommunications 4 4 19.4
7 Industrial/Energy 3 3 4.9
8 Electronics/Instrumentation 3 3 22.0
9 IT Services 3 3 12.0
10 Media and Entertainment 3 3 9.7
11 Business Products and Services 1 1 1.5
12 Retailing/Distribution 1 1 1.5
13 Healthcare Services 1 1 10.0
14 Other 1 1 0.3
15 Networking and Equipment 1 1 7.5
-Total 88 88618.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Boston Metro Region Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 17 17101.0
2 Ecommerce Goods, Services and Content 11 11 48.0
3 Online Communications,Infrastructure and Hardware 2 2 13.0
-Total 30 30162.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Boston Metro Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed3 3 5.5
2Startup23 23123.9
3Oth Early Stage4 4 9.8
4Expansion25 25207.5
5Later Stage33 33271.7
-Total 88 88618.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Boston Metro Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source metro_region Investors Deals
1 Boston 52 73
2 New York Metro 21 21
3 San Jose 22 20
4 Non US 12 10
5 Washington Metroplex 7 9
6 Other US 8 8
7 San Fran/Berkeley 6 6
8 Great Lakes 3 3
9 San Diego Metro 2 2
10 Philadelphia 2 2
11 Chicago 2 2
12 Dallas 1 1
13 Pittsburgh/Tristate 1 1
14 Austin 1 1
15 Seattle 1 1
16 Research Triangle 1 1
17 Houston 1 1
-Total 150 209

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Boston Metro Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target metro_region Companies Deals
1 Boston 92 93
2 San Jose 31 31
3 Other US 31 31
4 Non US 26 26
5 New York Metro 18 19
6 San Fran/Berkeley 15 15
7 San Diego Metro 11 11
8 Washington Metroplex 10 10
9 Denver 9 9
10 Los Angeles 7 7
11 Philadelphia 6 6
12 Seattle 5 5
13 Atlanta 5 5
14 Dallas 4 4
15 Great Lakes 3 3
16 Orange County 3 3
17 Twin Cities 3 3
18 Research Triangle 2 2
19 Austin 1 1
20 South NJ/West Pa 1 1
21 Chicago 1 1
- Total 284 286

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Boston Metro Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 5192.0 596.4
1999 171790.7 11892.6
2000 192070.6 11523.6
2001 1 56.0 261.6
2003 2118.5 479.6
2004 7291.4 1643.9
2005 8593.4 2700.0
2006 3309.2 1096.9
2007 171302.5 6023.9

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Boston Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2006-4 2204.2 796.8
2007-1 3179.8 841.1
2007-2 6548.1 2556.5
2007-3 4308.2 1637.1
2007-4 4266.3 989.2
Total 198231.0 43039.1

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Boston Metro Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Polaris Venture Partners9 9 24.6
2Highland Capital Partners LLC9 9 19.9
3North Bridge Venture Partners7 7 21.4
4Flagship Ventures 7 7 8.6
5General Catalyst Partners (FKA6 6 17.5
6Flybridge Capital Partners (FK6 6 15.2
7Atlas Venture, Ltd.5 5 10.6
8HealthCare Ventures LLC (FKA: 4 4 7.1
9Matrix Partners4 4 9.5
10MPM Capital (FKA: MPM Asset Ma3 3 8.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Boston Metro Region

Top IPOs

01/01/2008 to 03/31/2008

No. Company IPO DATE Money Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
-All Companies- 0.0 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Profile Created:04/16/2008