Venture Investments Up 45% in 2005
January 27, 2006
The Pittsburgh Business Times reports that year-over-year venture capital investments in Pittsburgh-area companies are up by 45%, according to a MoneyTree survey. As one of the region's most active investors, Draper Triangle has begun to invest in companies from our DTV II fund. Jay predicts a very good year for investments, citing the companies already in our portfolio that will be doing significant follow-on rounds of financing, plus the sheer number of new companies present in the region.
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