February 25, 2015
In 2014, $48.3 billion was invested by venture capitalists, a 61% increase in VC funding from 2013.
Software received the most VC funding, accounting for $19.8 billion and almost 1,800 deals, followed by biotech ($6 billion) and media/entertainment ($5.7 billion). The most money was invested in expansion-stage companies (over 3 years old), then early-stage companies, later-stage companies, and seed companies.
These statistics comes from the February MoneyTree Report by the National Venture Capital Association and PricewaterhouseCoopers, based on data from Thomson Reuters.
Below are the top regions that received VC funding in 2014. We saw the most growth in Sacramento/Northern California (up 209% from 2013) and the Southwest (up 137%). As usual, the list was topped by Silicon Valley, accounting for almost half of total VC funding in 2014:
1. Silicon Valley: $23.4 billion
2. NY Metro: $5.02 billion
Includes Metropolitan NY, northern New Jersey, Fairfield County, CT
3. New England: $5 billion
Includes Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, parts of Connecticut
4. LA/Orange County: $2.85 billion
5. Midwest: $2.16 billion
Includes Illinois, Missouri, Indiana, Kentucky, Ohio, Michigan, western Pennsylvania
6. Southeast: $1.90 billion
Includes Alabama, Florida, Georgia, Mississippi, Tennessee, South Carolina, North Carolina
7. Texas: $1.51 billion
8. Northwest: $1.44 billion
Includes Washington, Oregon, Idaho, Montana, Wyoming
9. Southwest: $1.12 billion
Includes Utah, Arizona, New Mexico, Nevada
10. DC/Metroplex: $1.08 billion
Includes DC, Virginia, West Virginia, Maryland
11. San Diego: $805 million
12. Colorado: $793 million
13. North Central: $529 million
Includes Minnesota, Iowa, Wisconsin, North Dakota, South Dakota, Nebraska
14. Philadelphia Metro: $464 million
15. South Central: $132 million
Includes Kansas, Oklahoma, Arkansas, Louisiana
16. Sacramento/Northern California: $129 million
17. Upstate NY: $39.3 million
18. Alaska, Hawaii, Puerto Rico: $1.30 million
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