MoneyTree Venture Capital Profile for Pittsburgh/Tristate

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 23 26 82.4
1999 25 34245.0
2000 57 72884.8
2001 35 42309.1
2002 25 27140.7
2003 18 23116.4
2004 24 26 96.9
2005 20 25 78.5
2006 39 49249.1
2007 44 50198.2
2008 14 14 16.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 13 13 51.6
2006-2 11 11114.0
2006-3 9 9 37.6
2006-4 16 16 45.9
2007-1 6 6 39.3
2007-2 20 20 83.3
2007-3 10 10 40.6
2007-4 14 14 35.0
2008-1 14 14 16.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 6 6 14.9
2 Media and Entertainment 2 2 0.7
3 Medical Devices and Equipment 2 2 0.4
4 Consumer Products and Services 1 1 0.3
5 Electronics/Instrumentation 1 1 0.3
6 Semiconductors 1 1 0.3
7 Biotechnology 1 1 0.1
-Total 14 14 16.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 4 4 13.6
2 Internet Software,Services and Tools 1 1 0.2
-Total 5 5 13.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Startup6 6 5.2
2Oth Early Stage2 2 0.3
3Expansion5 5 2.6
4Later Stage1 1 8.9
-Total 14 14 16.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Pittsburgh/Tristate Metro Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source metro_region Investors Deals
1 Pittsburgh/Tristate 2 11
2 New York Metro 2 1
3 Other US 1 1
4 Denver 1 1
5 Philadelphia 1 1
-Total 9 16

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Pittsburgh/Tristate Metro Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target metro_region Companies Deals
1 Pittsburgh/Tristate 11 11
2 Austin 3 3
3 Philadelphia 2 2
4 Los Angeles 1 1
5 Orange County 1 1
6 Other US 1 1
7 New York Metro 1 1
8 Boston 1 1
9 Great Lakes 1 1
- Total 22 22

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Pittsburgh/Tristate Metro Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1999 1172.8 1629.8
2000 1 31.5 84.3
2002 2125.0 190.5

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Pittsburgh/Tristate Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0329.3 1904.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Pittsburgh/Tristate Metro Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Innovation Works, Inc.10 10 2.0
2Draper Triangle Ventures 2 2 1.9
3Quaker BioVentures, Inc.1 1 0.1
4North Atlantic Capital Corpora1 1 4.0
5CHL Medical Partners (AKA: Col1 1 0.0
6Boulder Ventures, Ltd.1 1 1.2
7Essex Woodlands Health Venture1 1 7.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Pittsburgh/Tristate 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