Venture capitalists invested $5.8 billion in 758 deals in the first quarter of 2012.
The report shows that after a strong fourth quarter 2011, VC investment activity for the quarter fell 19 percent in terms of dollars and 15 percent in the number of deals compared to the fourth quarter of 2011 when $7.1 billion was invested in 889 deals.
- Life Sciences and Clean Technology sectors saw decreases
- Double-digit percentage increases in the Consumer Products and Services, and Telecommunications industries.
- The Software industry received the highest level of funding for all industries
Read the full report – Leena Rao, TechCrunch