MoneyTree Venture Capital Profile for Florida

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Florida Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 59 68583.2
1999 97 1211732.5
2000 146 1842685.5
2001 98 112894.4
2002 49 57410.1
2003 49 61309.0
2004 51 62374.7
2005 52 57337.4
2006 50 56314.3
2007 53 63583.6
2008 8 8115.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 12 12 37.3
2006-2 15 15 69.4
2006-3 14 14115.0
2006-4 15 15 92.6
2007-1 14 14162.0
2007-2 14 14116.7
2007-3 18 18128.0
2007-4 17 17176.9
2008-1 8 8115.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 4 4 69.8
2 Media and Entertainment 2 2 10.8
3 Healthcare Services 1 1 10.0
4 Medical Devices and Equipment 1 1 25.0
-Total 8 8115.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 3 3 57.8
2 Ecommerce Goods, Services and Content 1 1 7.0
-Total 4 4 64.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Oth Early Stage1 1 25.0
2Expansion4 4 79.0
3Later Stage3 3 11.5
-Total 8 8115.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 FL-HILLSBOROUGH 2 2 2.8
2 FL-ORANGE 2 2 67.0
3 FL-OSCEOLA 1 1 7.0
4 FL-PINELLAS 1 1 3.8
5 FL-ALACHUA 1 1 25.0
6 FL-MIAMI-DADE 1 1 10.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Other US 8 8115.5
-Total 8 8115.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Florida

By state of Funding Source

01/01/2008 to 03/31/2008

No. Source state Investors Deals
1 Non-US 3 3
2 Massachusetts 3 2
3 Georgia 2 2
4 California 2 2
5 Virginia 1 1
6 New York 2 1
7 North Carolina 1 1
8 Florida 2 1
9 Colorado 1 1
10 Maryland 1 1
-Total 21 21

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Florida Venture Funds

By state of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target state Companies Deals
1 Florida 3 3
2 Georgia 2 2
3 Texas 1 1
4 Ohio 1 1
5 Washington 1 1
6 Illinois 1 1
- Total 9 9

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Florida

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 4181.4 776.9
1999 9729.7 3218.0
2000 4527.1 1551.3
2001 1265.6 1054.7
2002 1131.1 822.4
2003 1 19.2 41.9
2005 3115.3 460.4
2006 1 79.2 211.0
2007 3325.8 1040.1
2008 2 56.8 273.2

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Florida

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2006-3 1 79.2 211.0
2007-1 1198.3 574.4
2007-2 1 82.5 286.0
2007-4 1 45.0 179.7
2008-1 2 56.8 273.2
Total 62893.1 10974.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Florida

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Aisling Capital (FKA: Perseus-1 1 6.2
2Updata Partners1 1 0.2
3Armada Venture Group LLC 1 1 0.7
4Aurora Funds, Inc.1 1 4.9
5Aweida Capital Management LLP1 1 3.5
6Ballast Point Venture Partners1 1 0.9
7Benchmark Capital1 1 1.9
8Derwent London plc (FKA: Londo1 1 0.2
9Fidelity Biosciences (FKA: Fid1 1 6.2
10General Catalyst Partners (FKA1 1 27.5

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Florida

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)
1MAKO Surgical Corporation02/14/2008 51.0184.4
2Bioheart, Inc.02/19/2008 5.8 88.8
-All Companies- 56.8 273.2

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Profile Created:04/16/2008