CapitalHunter.com Reports: Venture Capital Activity surges 59% on the heels of several significant financings.

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Venture capital activity surges 59% on the heels of several significant financings. $414 million was raised primarily by California based software companies. In addition, three companies began trading on Wall Street this reporting period.

CapitalHunter.com identified that $414 million of venture capital was invested in 23 U.S.-based companies during this week’s reporting period. The average deal size was approximately $16.56 million. The amount of venture capital invested this period increased by 59% over last week’s $260 million. For a full graphical analysis go to http://www.capitalhunter.com/weeklyreport.asp

The three IPO's this reporting period are as follows: CB Richard Ellis Group (http://www.cbre.com), Digirad (http://www.digirad.com), and PowerDsine (http://www.powerdsine.com)

Venture Capital Investments by Region

Geographically, 12 California companies raised $214.6 million in venture financings. The largest venture financing in California this period went into Force10 Networks, Inc. (http://www.force10networks.com) for $74.9 million. Force10 Networks is a Milpitas based company that is the pioneer in resilient Gigabit and 10 Gigabit Ethernet switching and routing.

Venture Capital Investments by Sector

The software sector raised 37% of the venture capital this period. Sixteen software companies raised over $153 million in venture financing. The largest venture financing was by Pixel Magic Imaging, Inc. (http://www.pixelmagic.com), a company that provides digital imaging solutions for retailers.

Venture Capital Investments by Round

Companies raising their Series C rounds led this week's venture capital activity. Series C companies represented 34% of the total venture capital deployed this period. The largest Series C financing went into Spreadtrum, Inc. (http://www.spreadtrum.com), a fabless semiconductor company that develops and markets innovative digital wireless communications products.

Top Three Venture Capital Investments

The three largest venture deals this period are as follows:

1.    Force10 Networks (http://www.force10networks.com)

2.    TechTarget (http://www.techtarget.com)

3.    Spreadtrum (http://www.spreadtrum.com)

Venture Capitalists funding the Top Three Deals

The following fourteen investors funded the above mentioned top three venture capital investments for over $180 million: Crosslink Capital (http://www.crosslinkcapital.com), Fortunetech Partners (http://www.fortunetechvc.com), HuaHong International, Legend Capital (http://www.legendcapital.com), Meritech Capital Partners (http://www.meritechcapital.com), Morgenthaler Venture Partners (http://www.morgenthaler.com), New Enterprise Associates (http://www.nea.com), Pacific Venture Group (http://www.pacven.com), Polaris Venture Partners (http://www.polarisventures.com), Technology Crossover Ventures (http://www.tcv.com), U S Venture Partners (http://www.usvp.com), Vertex Venture Capital (http://www.vertex.co.il), and WorldView Technology Partners (http://www.worldview.com)

About CapitalHunter.com

CapitalHunter.com is a financial information service company that collects and disseminates data on investors and their corresponding equity financings. A total of 58 equity financings of private and public companies occurred during this reporting period. Each of the 58 equity financings are profiled in a weekly report which include venture financings, private placements, secondary offerings, PIPE's, and IPO's. Also available is access to over 30,000 other historic equity financings through the http://www.capitalhunter.com searchable database. The database is updated daily.

Sign up before June 20th to receive your Free Two Week Trial, a 50% discount which is only $9.99 monthly or sign up for a year's subscription for only $99. Go to http://www.capitalhunter.com and use sales code FREEBIE for this choice opportunity.

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