MoneyTree Venture Capital Profile for Twin Cities

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Twin Cities Metro Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 54 61298.0
1999 65 80615.9
2000 88 1011001.1
2001 63 72453.2
2002 42 45374.2
2003 36 46215.7
2004 37 44329.9
2005 31 36189.9
2006 30 35313.0
2007 38 47400.3
2008 6 6 38.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Twin Cities Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 6 6 74.0
2006-2 8 8 46.0
2006-3 10 10123.4
2006-4 11 11 69.6
2007-1 6 6 62.5
2007-2 15 15151.5
2007-3 7 7 42.2
2007-4 19 19144.1
2008-1 6 6 38.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Twin Cities Metro Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Medical Devices and Equipment 3 3 33.4
2 Consumer Products and Services 1 1 3.0
3 Software 1 1 2.0
4 Electronics/Instrumentation 1 1 0.1
-Total 6 6 38.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Twin Cities Metro Region Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
-Total 0 0 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Twin Cities Metro Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Startup1 1 10.0
2Expansion3 3 15.0
3Later Stage2 2 13.5
-Total 6 6 38.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Twin Cities Metro Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source metro_region Investors Deals
1 Twin Cities 5 5
2 Boston 2 2
3 San Jose 2 2
4 Great Lakes 2 2
5 Other US 1 1
6 New York Metro 2 1
-Total 15 14

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Twin Cities Metro Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target metro_region Companies Deals
1 Other US 8 8
2 Twin Cities 6 6
3 San Jose 4 4
4 New York Metro 3 3
5 Research Triangle 1 1
6 Great Lakes 1 1
7 Seattle 1 1
8 Austin 1 1
9 Dallas 1 1
10 San Fran/Berkeley 1 1
11 Denver 1 1
12 Non US 1 1
13 San Diego Metro 1 1
14 Boston 1 1
15 Orange County 1 1
- Total 32 32

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Twin Cities 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 1 68.0 308.1
1999 4370.5 1704.3
2000 4225.3 804.8
2003 1 51.0 130.4
2004 1183.2 614.4
2005 2 79.3 243.1
2006 2112.0 429.3
2007 3189.0 809.8

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Twin Cities Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2006-2 1 32.0 122.0
2006-4 1 80.0 307.3
2007-4 3189.0 809.8
Total 51579.3 6283.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Twin Cities Metro Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Affinity Capital Management2 2 2.4
2Baird Venture Partners1 1 1.9
3BlueStream Ventures1 1 1.0
4Canaan Partners1 1 1.9
5Cutlass Capital1 1 2.5
6Three Arch Partners1 1 2.5
7Lemhi Ventures1 1 10.0
8Prism VentureWorks (FKA:Prism 1 1 3.4
9RAIN Source Capital, Inc. (FKA1 1 0.1
10SVB Capital Partners (FKA: Si1 1 1.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Twin Cities 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