MoneyTree Venture Capital Profile for Research Triangle

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Research Triangle Metro Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 49 60244.5
1999 70 86601.5
2000 91 1121000.2
2001 55 72483.3
2002 52 64455.8
2003 45 60285.7
2004 36 45212.7
2005 39 45361.2
2006 45 54362.5
2007 54 67517.4
2008 11 11 58.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 16 16 89.5
2006-2 16 16119.6
2006-3 13 13 62.1
2006-4 9 9 91.3
2007-1 16 16175.7
2007-2 19 19141.0
2007-3 13 13 58.7
2007-4 19 19142.1
2008-1 11 11 58.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Biotechnology 4 4 35.5
2 Software 2 2 5.2
3 Semiconductors 2 2 2.8
4 IT Services 1 1 3.7
5 Medical Devices and Equipment 1 1 10.0
6 Business Products and Services 1 1 0.8
-Total 11 11 58.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Research Triangle 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 1 1 2.2
2 Ecommerce Goods, Services and Content 1 1 3.7
-Total 2 2 6.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Startup1 1 0.8
2Expansion4 4 30.4
3Later Stage6 6 26.9
-Total 11 11 58.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source metro_region Investors Deals
1 Research Triangle 3 5
2 Other US 2 2
3 Philadelphia 2 2
4 Washington Metroplex 2 2
5 Dallas 1 1
6 Denver 1 1
7 Twin Cities 1 1
8 Atlanta 1 1
9 Great Lakes 1 1
10 San Fran/Berkeley 2 1
11 San Jose 1 1
12 New York Metro 1 1
13 Non US 3 1
14 Boston 1 1
-Total 26 28

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Research Triangle Metro Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target metro_region Companies Deals
1 Research Triangle 5 5
2 Other US 4 4
3 Atlanta 2 2
4 Denver 1 1
5 San Diego Metro 1 1
6 Great Lakes 1 1
7 New York Metro 1 1
8 Boston 1 1
9 Washington Metroplex 1 1
- Total 17 17

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Research Triangle 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 3268.0 1607.2
2000 3176.0 309.1
2005 1 40.0 171.5

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Research Triangle Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0484.0 2087.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Research Triangle Metro Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Aurora Funds, Inc.4 4 2.4
2Ventech1 1 1.7
3Burrill & Company1 1 1.7
4Chrysalis Ventures1 1 1.5
5Cold Spring Management Inc.1 1 0.2
6Grotech Capital Group1 1 0.7
7Harris & Harris Group, Inc.1 1 0.6
8Intersouth Partners1 1 0.0
9KRG Capital Partners, LLC1 1 11.0
10Keynote Ventures (FKA: Dali, H1 1 1.1

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Research Triangle 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