MoneyTree Venture Capital Profile for Montana

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Montana Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1999 2 2 16.3
2000 3 3 16.7
2001 2 2 24.8
2005 1 2 27.4
2007 1 1 4.0
2008 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

By Quarter

Qtr Companies Deals Investment($M)
2007-3 1 1 4.0
2008-1 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Biotechnology 1 1 15.0
-Total 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
-Total 0 0 0.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Expansion1 1 15.0
-Total 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 MT-GALLATIN 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Other US 1 1 15.0
-Total 1 1 15.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Montana

By state of Funding Source

01/01/2008 to 03/31/2008

No. Source state Investors Deals
1 California 1 1
2 Massachusetts 1 1
3 Maryland 1 1
4 Non-US 2 1
5 Ohio 1 1
6 Pennsylvania 1 1
7 New York 1 1
-Total 10 8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Montana Venture Funds

By state of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target state Companies Deals
- Total 0 0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Montana

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2004 1 44.1 199.4

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Montana

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0 44.1 199.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Montana

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1Athenian Ventures (FKA: Ohio V1 1 1.4
2Fidelity Biosciences (FKA: Fid1 1 1.4
3Forward Ventures1 1 1.4
4Novartis Venture Fund (FKA: No1 1 1.4
5JAFCO Co., Ltd. (FKA: Japan As1 1 1.4
6MedImmune Ventures1 1 1.4
7Mitsubishi Corporation1 1 1.4
8GSK Ventures (AKA: GlaxoSmithK1 1 1.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Montana

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