Author: Mark Boslet
Publisher: PEHub
Date; July 18, 2014
Venture investing set a 13-year record in the second quarter, rising to $13 billion, the highest level since the first quarter of 2001.
Large deals helped lift the total, including the $1.2 billion round for Uber Technologies, the largest venture capital deal on record, according to the MoneyTree Report fromPricewaterhouseCoopers, the National Venture Capital Association and peHUB publisher Thomson Reuters.
The strong quarter puts the year on track to exceed $44 billion in deployed capital, topping the $40.9 billion invested in 2001 and trailing only 1999 and 2000. Read more here.
