MoneyTree Venture Capital Profile for Utah

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Utah Companies

By Year

As of 03/31/2008

Year Companies Deals Investment($M)
1998 27 33116.7
1999 36 42408.2
2000 51 61673.6
2001 36 43210.1
2002 25 28135.5
2003 19 22106.5
2004 26 29227.0
2005 30 30212.7
2006 29 38177.4
2007 32 33182.4
2008 11 11 83.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 10 10 67.4
2006-2 6 6 28.0
2006-3 11 12 53.2
2006-4 10 10 28.9
2007-1 8 8 34.5
2007-2 9 9 52.4
2007-3 10 10 78.4
2007-4 6 6 17.2
2008-1 11 11 83.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

By Industry/Technology Sector

01/01/2008 to 03/31/2008

No. Sector Companies Deals Investment($M)
1 Software 3 3 10.2
2 Medical Devices and Equipment 3 3 19.3
3 Consumer Products and Services 1 1 20.0
4 Industrial/Energy 1 1 1.4
5 Computers and Peripherals 1 1 19.0
6 Networking and Equipment 1 1 5.0
7 Biotechnology 1 1 8.1
-Total 11 11 83.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

By Internet Related Technology

01/01/2008 to 03/31/2008

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 4 4 48.0
2 Online Communications,Infrastructure and Hardware 1 1 5.0
-Total 5 5 53.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

By Stage

01/01/2008 to 03/31/2008

No. Stage Companies Deals Investment($M)
1Startup2 2 21.9
2Oth Early Stage1 1 1.2
3Expansion6 6 38.5
4Later Stage2 2 21.4
-Total 11 11 83.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

by Top County

01/01/2008 to 03/31/2008

No. County Companies Deals Investment($M)
1 UT-SALT LAKE 7 7 67.6
2 UT-UTAH 4 4 15.4

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah Companies

By Major Metro Area

01/01/2008 to 03/31/2008

No. Area Companies Deals Investment($M)
1Other US 11 11 83.0
-Total 11 11 83.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment in Utah

By state of Funding Source

01/01/2008 to 03/31/2008

No. Source state Investors Deals
1 Utah 3 7
2 California 4 3
3 Maryland 2 2
4 New York 2 2
5 Washington 1 1
6 Massachusetts 1 1
7 New Jersey 1 1
-Total 18 26

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investment by Utah Venture Funds

By state of Companies Receiving Money

01/01/2008 to 03/31/2008

No. Target state Companies Deals
1 Utah 10 10
2 California 7 7
3 Non-US 2 2
4 New York 1 1
5 Virginia 1 1
6 Maryland 1 1
7 Massachusetts 1 1
8 Colorado 1 1
9 New Mexico 1 1
- Total 25 25

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Utah

By Year

As of 03/31/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1998 1 12.8 54.3
2000 2120.4 597.4
2002 1 50.0 198.0
2006 1 69.5 293.2

© 2008 Venture Economics/NVCA

Data current as of 15-APR-2008

Venture Capital Backed IPOs in Utah

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
2006-2 1 69.5 293.2
Total 1322.2 1436.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Capital Investing in Utah

Most Active Venture Investors

01/01/2008 to 03/31/2008

No. Firm Companies Deals Investment($M)
1vSpring Capital4 4 9.1
2EPIC Ventures (FKA: Wasatch Ve2 2 2.2
3Canopy Group2 2 5.7
4Frazier Healthcare and Technol1 1 5.0
5New Enterprise Associates1 1 9.5
6North Bridge Venture Partners1 1 2.9
7Sanderling Ventures1 1 1.3
8Thomas Weisel Venture Partners1 1 5.0
9Toucan Capital1 1 1.5
10Venrock Associates1 1 2.6

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 15-APR-2008

Venture Backed IPOs in Utah

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