MoneyTree Venture Capital Profile for Connecticut

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Connecticut Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 58 74373.4
1999 70 88906.5
2000 93 1131493.0
2001 61 70549.8
2002 35 38182.7
2003 28 33200.3
2004 27 31192.9
2005 25 30186.8
2006 30 32268.4
2007 30 33266.0
2008 8 8 36.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 6 6 56.6
2006-2 9 9111.7
2006-3 11 11 60.9
2006-4 6 6 39.3
2007-1 7 7 49.8
2007-2 8 8102.8
2007-3 8 8 37.8
2007-4 10 10 75.6
2008-1 8 8 36.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Media and Entertainment 2 2 2.0
2 Biotechnology 2 2 21.0
3 Software 2 2 2.5
4 Financial Services 1 1 7.0
5 Industrial/Energy 1 1 3.5
-Total 8 8 36.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Ecommerce Goods, Services and Content 4 4 9.6
2 Internet Software,Services and Tools 1 1 2.0
-Total 5 5 11.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Seed1 1 2.0
2Startup3 3 7.5
3Oth Early Stage1 1 14.0
4Expansion2 2 10.5
5Later Stage1 1 2.0
-Total 8 8 36.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 CT-FAIRFIELD 4 4 26.5
2 CT-NEW HAVEN 3 3 9.5
3 CT-HARTFORD 1 1 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1New York Metro 7 7 36.0
2Other US 1 1 0.0
-Total 8 8 36.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Connecticut

By state of Funding Source

01/01/2008 to 03/31/2008

No. Source state Investors Deals
1 Connecticut 3 4
2 Non-US 1 1
3 Washington 1 1
4 Minnesota 1 1
5 California 1 1
6 New Hampshire 1 1
-Total 10 13

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Connecticut Venture Funds

By state of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target state Companies Deals
1 California 20 20
2 Massachusetts 9 9
3 Connecticut 9 9
4 Maryland 5 5
5 Washington 4 4
6 New York 3 3
7 Non-US 3 3
8 Texas 2 2
9 Virginia 1 1
10 Rhode Island 1 1
11 Pennsylvania 1 1
12 North Carolina 1 1
13 Minnesota 1 1
14 Georgia 1 1
15 Colorado 1 1
16 Provence-Alpes-Cote dAzur 1 1
17 ACT,(AU) 1 1
- Total 64 64

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Connecticut

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 1144.0 792.6
1999 4317.4 3496.2
2000 5461.8 1541.6
2003 1 81.9 272.6
2006 1 51.8 170.8
2007 1 75.0 291.2

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Connecticut

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2006-4 1 51.8 170.8
2007-2 1 75.0 291.2
Total 21258.6 7027.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Connecticut

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Connecticut Innovations, Inc.3 3 1.7
2Intel Capital1 1 2.0
3eCoast Angels1 1 0.2
4Pequot Capital Management, Inc1 1 7.0
5Second Avenue Partners1 1 0.0
6Verdane Capital (FKA: Four Sea1 1 2.2
7Elm Street Ventures1 1 2.2
8Lemhi Ventures1 1 7.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Connecticut

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