Software deals were up, but biotech and cleantech investments declined.
Venture Capital deals in the third quarter of 2011 dropped 12 percent in dollars invested compared to last quarter. Clean technology and life sciences industries were particularly hard hit, according to a report released today by PricewaterhouseCoopers and the National Venture Capital Association.
Three months ago, things were looking up for startups seeking venture capital. Now it seems that optimism was misplaced, according to the latest Moneytree Report from Pricewaterhouse Coopers and the National Venture Capital Association.
Entrepreneurs hoping for a return to the generous venture environment of a few years ago may have a while to wait, according to the latest MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association.