MoneyTree Report: Venture capital investment in Colorado rose significantly in '14

By: InnovatioNews Monday April 20, 2015 0 comments Tags: MoneyTree Report, venture capital, TerraLux, , Red Rock Biofuels, Tendril Networks, ViroCyt, Bhakti Chai, BiOptix, Woot Math, Pricewaterhouse Coop


WASHINGTON, D.C. -- Venture capital investment in Colorado nearly doubled from 2013 to 2014, according to a recently released MoneyTree report from Pricewaterhouse Coopers.Pricewaterhouse_logo

The report said while there were only 86 deals in 2014 compared to 83 in 2013, the amount of investment rose from $465 million in 2013 to $793 million last year.

The latest PwC MoneyTree Report showed Colorado-based companies attracted $115.6 million in venture capital in the first quarter of 2015.

Companies receiving VC funding in Q1 2015 included Longmont-based TerraLux, Fort Collins-based Red Rock Biofuels and Tendril Networks, ViroCyt Inc., Bhakti Chai, BiOptix Diagnostics and Woot Math, all Boulder-based.

Nationally, venture capitalists invested $13.4 billion in 1,020 deals in Q1 2015, according to MoneyTree. The amount was slightly lower than Q1 2014 but marked the fifth consecutive quarter of VC money exceeding $10 billion.

In 2014, venture capitalists invested a total of $48.3 billion in 4,356 deals – an increase of 61 percent in dollars and a 4 percent increase in deals over 2013.

Internet-specific companies captured $11.9 billion in investment in 2014, marking the highest level of such investments since 2000, the report said.

Investments in the software industry also hit their highest level since 2000 with $19.8 billion from 1,799 deals. Software dollars accounted for 41 percent of all venture capital investment in 2014, the highest percentage since the inception of the MoneyTree Report in 1995.


About the Author: InnovatioNews

InnovatioNews is an online news magazine spotlighting innovative companies, products and people in Colorado. Launched in June of 2012, the site is the recipient of multiple awards.