MoneyTree Venture Capital Profile for Southeast Region

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Southeast Region Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 250 3051653.6
1999 364 4484617.1
2000 520 6508020.0
2001 334 3932794.2
2002 230 2651783.0
2003 194 2341090.2
2004 191 2341343.5
2005 171 2011113.5
2006 196 2301266.9
2007 202 2471899.2
2008 49 49405.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 56 56238.8
2006-2 60 60295.3
2006-3 58 58357.9
2006-4 56 56374.9
2007-1 57 57599.6
2007-2 71 71376.0
2007-3 60 60393.1
2007-4 59 59530.5
2008-1 49 49405.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Biotechnology 12 12 98.5
2 Software 11 11 91.5
3 Medical Devices and Equipment 6 6 37.3
4 Media and Entertainment 3 3 19.7
5 Semiconductors 3 3 12.3
6 Business Products and Services 3 3 3.0
7 Industrial/Energy 3 3 92.2
8 IT Services 3 3 8.8
9 Healthcare Services 2 2 15.0
10 Networking and Equipment 1 1 1.7
11 Consumer Products and Services 1 1 2.2
12 Telecommunications 1 1 22.9
-Total 49 49405.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast 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 8 8 67.3
2 Ecommerce Goods, Services and Content 6 6 28.2
3 Online Communications,Infrastructure and Hardware 1 1 1.7
-Total 15 15 97.2

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed2 2 4.8
2Startup6 6 24.4
3Oth Early Stage4 4 54.9
4Expansion24 24230.4
5Later Stage13 13 90.9
-Total 49 49405.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 GA-FULTON 14 14156.1
2 NC-WAKE 6 6 33.8
3 NC-DURHAM 4 4 23.4
4 FL-HILLSBOROUGH 2 2 2.8
5 GA-COBB 2 2 2.3
6 GA-CLARKE 2 2 0.3
7 FL-ORANGE 2 2 67.0
8 NC-IREDELL 1 1 1.3
9 NC-MECKLENBURG 1 1 12.7
10 NC-ORANGE 1 1 0.8
11 SC-BERKELEY 1 1 1.3
12 SC-GREENVILLE 1 1 2.0
13 TN-DAVIDSON 1 1 5.0
14 TN-HAMILTON 1 1 2.2
15 TN-KNOX 1 1 10.0
16 TN-SHELBY 1 1 5.0
17 TN-WILLIAMSON 1 1 1.7
18 GA-GWINNETT 1 1 9.0
19 GA-DEKALB 1 1 0.1
20 FL-PINELLAS 1 1 3.8
21 FL-OSCEOLA 1 1 7.0
22 FL-MIAMI-DADE 1 1 10.0
23 FL-ALACHUA 1 1 25.0
24 MS-HINDS 1 1 22.9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Atlanta 18 18167.4
2Other US 18 18173.2
3Research Triangle 11 11 58.0
4Nashville 2 2 6.7
-Total 49 49405.3

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Southeast Region Companies

By Region of Funding Source

01/01/2008 to 03/31/2008

No. Source moneytree_region Investors Deals
1 Southeast 23 30
2 Silicon Valley 9 8
3 New England 9 8
4 Non US 9 8
5 Philadelphia Metro 6 7
6 Midwest 5 6
7 DC/Metroplex 5 6
8 NY Metro 6 5
9 Texas 3 3
10 Colorado 2 2
11 North Central 2 2
-Total 84 118

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Southeast Region Venture Funds

By Region of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target moneytree_region Companies Deals
1 Southeast 41 41
2 DC/Metroplex 4 4
3 Midwest 3 3
4 Texas 3 3
5 NY Metro 2 2
6 New England 2 2
7 San Diego 1 1
8 Silicon Valley 1 1
9 Colorado 1 1
10 SouthWest 1 1
11 Northwest 1 1
12 South Central 1 1
- Total 61 61

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Southeast Region

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 13682.3 2924.6
1999 191522.5 8825.1
2000 211883.7 6559.7
2001 2226.6 877.1
2002 2313.0 1516.4

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Southeast Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 04628.0 20702.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Southeast Region

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Advanced Technology Developmen6 6 1.3
2Aurora Funds, Inc.6 6 9.5
3Noro-Moseley Partners3 3 10.8
4Total Technology Ventures LLC 2 2 3.7
5Imlay Investments2 2 2.5
6Intersouth Partners2 2 6.0
7New Enterprise Associates2 2 22.3
8Siemens Venture Capital GmbH (2 2 3.4
9Delta Capital Management LLC2 2 1.3
10Chrysalis Ventures2 2 2.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Southeast 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