MoneyTree Venture Capital Profile for North Central Region

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in North Central Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 89 101480.4
1999 89 110773.9
2000 122 1411359.0
2001 103 119641.7
2002 66 72484.9
2003 56 71481.5
2004 60 69461.6
2005 54 64325.1
2006 56 64402.7
2007 68 81535.3
2008 18 18118.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 15 15104.3
2006-2 12 12 64.0
2006-3 17 17144.7
2006-4 20 20 89.7
2007-1 12 12 94.1
2007-2 20 20159.3
2007-3 19 19113.1
2007-4 30 30168.9
2008-1 18 18118.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 5 5 21.0
2 Medical Devices and Equipment 5 5 40.4
3 Biotechnology 3 3 21.7
4 Media and Entertainment 2 2 32.1
5 Consumer Products and Services 1 1 3.0
6 Industrial/Energy 1 1 0.2
7 Electronics/Instrumentation 1 1 0.1
-Total 18 18118.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central 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 3 3 47.2
2 Internet Software,Services and Tools 2 2 3.9
-Total 5 5 51.1

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed2 2 0.6
2Startup4 4 33.2
3Oth Early Stage1 1 2.5
4Expansion8 8 65.7
5Later Stage3 3 16.5
-Total 18 18118.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 MN-HENNEPIN 6 6 38.5
2 WI-DANE 4 4 26.7
3 MN-OLMSTED 1 1 15.1
4 MN-STEARNS 1 1 3.0
5 ND-GRAND FORKS 1 1 0.3
6 NE-DOUGLAS 1 1 0.0
7 SD-BROOKINGS 1 1 0.2
8 MN-MORRISON 1 1 1.0
9 IA-POLK 1 1 31.1
10 MN-RICE 1 1 2.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Other US 12 12 80.0
2Twin Cities 6 6 38.5
-Total 18 18118.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in North Central Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source moneytree_region Investors Deals
1 North Central 10 16
2 New England 3 3
3 Midwest 2 2
4 South Central 1 2
5 Silicon Valley 2 2
6 NY Metro 2 1
7 Northwest 1 1
-Total 26 38

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by North Central Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target moneytree_region Companies Deals
1 North Central 19 19
2 Silicon Valley 5 5
3 NY Metro 3 3
4 Southeast 2 2
5 Midwest 2 2
6 New England 2 2
7 Texas 2 2
8 SouthWest 1 1
9 Colorado 1 1
10 DC/Metroplex 1 1
11 San Diego 1 1
12 LA/Orange County 1 1
13 Northwest 1 1
14 Non US 1 1
- Total 42 42

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in North Central 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 6345.5 1766.2
2000 6384.9 1311.8
2001 2106.3 734.3

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in North Central Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0904.8 4120.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in North Central Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1RAIN Source Capital, Inc. (FKA6 6 0.6
2Venture Investors LLC3 3 9.9
3Advantage Capital Partners2 2 8.0
4Affinity Capital Management2 2 2.4
5Ceres Venture Fund1 1 0.9
6Cutlass Capital1 1 2.5
7Fidelity Ventures 1 1 31.1
8Johnson & Johnson Development 1 1 1.9
9Mayo Medical Ventures1 1 7.6
10McCarthy Group, Inc.1 1 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in North Central 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