Author: Richard Burnett
Publisher: Orlando Sentinel
Date: April 25, 2012
For the first time in memory, Central Florida was the only region in the state to attract venture capital during a fiscal quarter, according to a new industry survey.
Three Orlando-based companies — a developer of laser eye-surgery systems, a producer of human-resources software, and a defense-related engineering firm — secured at least $36 million combined during the first three months of the year, the MoneyTree survey reported.
But with the rest of the state shut out, Florida fell from No. 13 nationally last year to No. 23 in the first quarter — its third-lowest ranking in the quarterly survey by PricewaterhouseCoopers and the National Venture Capital Association, based on data compiled by Thomson Reuters. Read more here.