MoneyTree Venture Capital Profile for New England Region

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in New England Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 377 4592365.1
1999 521 6485454.7
2000 720 87511785.8
2001 488 5765249.1
2002 353 4372860.2
2003 354 4413026.4
2004 349 4193326.5
2005 349 4112762.9
2006 352 4323129.5
2007 400 4863802.2
2008 108 108721.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 116 117977.6
2006-2 105 105718.0
2006-3 100 100681.9
2006-4 109 110751.9
2007-1 104 104981.7
2007-2 138 140877.1
2007-3 124 124992.2
2007-4 117 118951.2
2008-1 108 108721.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 30 30153.6
2 Biotechnology 27 27254.7
3 Medical Devices and Equipment 11 11 72.8
4 Telecommunications 5 5 19.9
5 IT Services 5 5 46.6
6 Industrial/Energy 5 5 5.3
7 Semiconductors 5 5 81.7
8 Media and Entertainment 5 5 10.2
9 Consumer Products and Services 4 4 18.2
10 Electronics/Instrumentation 4 4 29.5
11 Other 2 2 8.5
12 Business Products and Services 1 1 1.5
13 Financial Services 1 1 0.0
14 Retailing/Distribution 1 1 1.5
15 Healthcare Services 1 1 10.0
16 Networking and Equipment 1 1 7.5
-Total 108 108721.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England 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 19 19107.5
2 Ecommerce Goods, Services and Content 13 13 52.6
3 Online Communications,Infrastructure and Hardware 3 3 13.5
-Total 35 35173.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed5 5 14.2
2Startup29 29135.5
3Oth Early Stage6 6 21.0
4Expansion31 31241.8
5Later Stage37 37308.9
-Total 108 108721.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 MA-MIDDLESEX 69 69486.4
2 MA-SUFFOLK 16 16117.9
3 MA-NORFOLK 4 4 6.9
4 MA-ESSEX 3 3 14.5
5 MA-WORCESTER 3 3 16.2
6 MA-BRISTOL 2 2 21.2
7 MA-BARNSTABLE 2 2 32.5
8 VT-CHITTENDEN 2 2 0.8
9 RI-PROVIDENCE 2 2 11.0
10 NH-ROCKINGHAM 1 1 4.6
11 NH-HILLSBOROUGH 1 1 4.0
12 NH-GRAFTON 1 1 3.2
13 CT-HARTFORD 1 1 0.0
14 MA-PLYMOUTH 1 1 2.2

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Boston 88 88618.3
2Other US 20 20103.2
-Total 108 108721.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in New England Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source moneytree_region Investors Deals
1 New England 63 85
2 Silicon Valley 31 28
3 NY Metro 29 28
4 Non US 14 12
5 DC/Metroplex 8 10
6 Midwest 6 6
7 Philadelphia Metro 3 3
8 Texas 3 3
9 San Diego 2 2
10 Northwest 2 2
11 Southeast 1 1
12 SouthWest 1 1
13 Upstate NY 1 1
14 North Central 1 1
-Total 172 237

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by New England Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target moneytree_region Companies Deals
1 New England 113 114
2 Silicon Valley 48 48
3 Non US 28 28
4 NY Metro 26 27
5 Southeast 14 14
6 LA/Orange County 12 12
7 San Diego 11 11
8 DC/Metroplex 11 11
9 Colorado 10 10
10 Philadelphia Metro 8 8
11 Northwest 8 8
12 Midwest 7 7
13 Texas 5 5
14 North Central 4 4
15 SouthWest 3 3
16 AK/HI/PR 1 1
17 Sacramento/N.Cal 1 1
- Total 310 312

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in New England Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 6336.0 1389.0
1999 221937.9 12038.1
2000 292527.4 12353.8
2001 1 56.0 261.6

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in New England Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 04857.3 26042.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in New England Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Polaris Venture Partners11 11 28.4
2Highland Capital Partners LLC9 9 19.9
3North Bridge Venture Partners8 8 25.2
4Flagship Ventures 7 7 8.6
5Flybridge Capital Partners (FK6 6 15.2
6General Catalyst Partners (FKA6 6 17.5
7Atlas Venture, Ltd.5 5 10.6
8Matrix Partners5 5 13.2
9HealthCare Ventures LLC (FKA: 4 4 7.1
10MPM Capital (FKA: MPM Asset Ma4 4 11.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in New England 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