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Venture capital investments topped $1 billion in Washington last year

January 22, 2007 /

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Venture capital investments at highest since dot-com era

Venture capital investments topped $1 billion in Washington last year, marking the biggest surge of private investment money in the state since the dot-com boom. It’s only the third time funding has reached that level since record keeping began in 1997.

Ninety-seven companies in the state raised $1.07 billion — a 29 percent increase in dollars invested and a 10 percent increase in deals.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/300579_venture22.html