Thursday 25 July 2013

PWC Report: Venture capital activity surges in Florida

Florida ranked among the top 10 U.S. states for venture capital activity in a second quarter MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association.

With 14 deals and $155.8 million from venture capital firms, the Sunshine State ranked eighth in terms of dollars invested, up from 29th place in the first quarter, the Orlando Sentinel reported.

The second-quarter total was Florida?s greatest for a three-month period since fall 2007, the report said.

Nationwide, venture capitalists invested $6.7 billion in 913 deals in the second quarter.

Margaret Cashill's beats include technology, hospitality, retail and restaurants.

Source: http://feeds.bizjournals.com/~r/bizj_tampabay/~3/7zR2M0PrLBQ/pwc-report-venture-capital-activity.html

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