MoneyTree Venture Capital Profile for Research Triangle

PricewaterhouseCoopers/Venture Economics/NVCA

Venture Capital Investment in Research Triangle Metro Region Companies

By Year

As of 06/30/2008

Year Companies Deals Investment($M)
1998 49 60244.5
1999 70 86601.5
2000 91 1121000.2
2001 55 72483.3
2002 52 64455.8
2003 45 60285.7
2004 34 42181.8
2005 38 44331.2
2006 43 49283.0
2007 52 65500.7
2008 27 29193.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Quarter

Qtr Companies Deals Investment($M)
2006-1 14 14 77.5
2006-2 15 15 82.6
2006-3 13 13 62.1
2006-4 7 7 60.8
2007-1 16 16175.7
2007-2 17 17125.5
2007-3 13 13 58.7
2007-4 19 19140.8
2008-1 10 10 35.9
2008-2 19 19157.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Industry/Technology Sector

04/01/2008 to 06/30/2008

No. Sector Companies Deals Investment($M)
1 Biotechnology 6 6 91.2
2 Software 6 6 14.0
3 Semiconductors 2 2 12.5
4 Media and Entertainment 2 2 11.9
5 Telecommunications 1 1 1.8
6 Financial Services 1 1 16.3
7 IT Services 1 1 10.0
-Total 19 19157.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Internet Related Technology

04/01/2008 to 06/30/2008

No. Industry Companies Deals Investment($M)
1 Internet Software,Services and Tools 4 4 19.1
2 Ecommerce Goods, Services and Content 2 2 2.3
3 Online Communications,Infrastructure and Hardware 1 1 1.8
-Total 7 7 23.2

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Stage

04/01/2008 to 06/30/2008

No. Stage Companies Deals Investment($M)
1Startup3 3 25.2
2Oth Early Stage2 2 7.0
3Expansion4 4 18.6
4Later Stage10 10107.0
-Total 19 19157.7

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment in Research Triangle Metro Region Companies

By Region of Funding Source

04/01/2008 to 06/30/2008

No. Source metro_region Investors Deals
1 Research Triangle 7 11
2 Boston 7 6
3 Other US 4 5
4 New York Metro 4 4
5 South NJ/West Pa 3 3
6 Chicago 3 3
7 Great Lakes 3 2
8 Washington Metroplex 3 2
9 Non US 8 2
10 San Fran/Berkeley 1 1
11 San Jose 1 1
12 Philadelphia 1 1
-Total 50 53

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investment by Research Triangle Metro Region Venture Funds

By Region of Companies Receiving Money

04/01/2008 to 06/30/2008

No. Target metro_region Companies Deals
1 Research Triangle 14 14
2 Other US 4 4
3 San Jose 2 2
4 Washington Metroplex 2 2
5 Philadelphia 1 1
6 Denver 1 1
7 San Diego Metro 1 1
8 Boston 1 1
- Total 26 26

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Backed IPOs in Research Triangle Metro Region

By Year

As of 06/30/2008

Year Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
1999 3268.0 1607.2
2000 3176.0 309.1
2005 1 40.0 171.5

© 2008 Venture Economics/NVCA

Data current as of 14-JUL-2008

Venture Capital Backed IPOs in Research Triangle Metro Region

By Quarter

Qtr Companies Amount Raised by IPO($M) Total Valuation Placed on Company by IPO($M)
Total 0484.0 2087.8

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Capital Investing in Research Triangle Metro Region

Most Active Venture Investors

04/01/2008 to 06/30/2008

No. Firm Companies Deals Investment($M)
1Intersouth Partners5 5 14.2
2Aurora Funds, Inc.2 2 3.2
3Wakefield Group2 2 2.4
4Southern Capitol Ventures2 2 2.0
5NC IDEA (FKA: MCNC Ventures LL2 2 0.6
6Johnson & Johnson Development 2 2 0.8
7Hatteras Venture Partners (FKA2 2 1.3
8Duke University2 2 5.7
9Care Capital, LLC2 2 6.7
10Domain Associates LLC1 1 3.0

© 2008 PricewaterhouseCooper/Venture Economics/NVCA MoneyTree Survey

Data current as of 14-JUL-2008

Venture Backed IPOs in Research Triangle Metro Region

Top IPOs

04/01/2008 to 06/30/2008

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 14-JUL-2008

Profile Created:07/15/2008