Friday, January 20, 2012

Rocky Mountain Region Sees $229.4M in Venture Deals In Q4

The local region saw $229.4M in venture capital investment activity in Q4 of 2011, according to the latest numbers from PricewaterhouseCoopers and the National Venture Capital Association, form data provided by Thomson Reuters. According to the MoneyTree report, Colorado led the region with 27 deals, worth a total of $166.3M, up from 27 deals and $160.93M in Q3; Utah had $47.19M in 15 deals in Q4, down slightly from Q3 where there were 8 deals and $56.15M invested; Arizona had $10.9M invested across 3 days, roughly the same as the 5 deals and $10.71M invested; and New Mexico managed one venture deal, worth $5.0M, down from a up quarter in Q3 when 3 companies raised a total of $44.0M. There was no venture activity noted in the report in Idaho, Montana, or Wyoming.

The quarterly report from the NVCA and PricewaterhouseCoopers is closely watched for investment trends nationally. Compared with Q4 of 2010, the area was actually down compared with the $280.5M invested in the region in 2010 during Q4.

Nationally, there was $6.6 billion in 844 deals reported in Q4, a 10 percent decrease in dollars and an 11 percent decrease in deals, consistent with the trend in the Rocky Mountain Region. For the year, venture investing totals were actually up, to $28.4 billion and 3,673 deals, which was a 22 percent increase in dollars from the prior year; those totals make the year the third highest annual investment total in the past ten years.

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