PwC Sees Venture Capital Investments Decline in Q3, Big4.com Reports

Both dollar and deal volume down

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(PRWEB) October 21, 2012

Big4.com, the premier social networking forum for professionals and alumni of Accenture, Andersen, BearingPoint, Capgemini, Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers PwC reports quarterly venture capital (VC) investments fell 11 percent in terms of dollars and five percent in the number of deals in comparison to the second quarter of 2012 when $7.3 billion was invested in 935 deals. This according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA).

Big4.com notes these numbers make it likely that that 2012 will fall short of 2011 in terms of both dollars and deal volume. There were some bright spots however, and the software industry received the highest level of funding for all industries with $2.1 billion invested into 304 deals during Q3.

Big4.com also reports Life Sciences (Biotechnology and Medical Devices) investing increased in terms of dollars but declined in deal volume for the third quarter of 2012 with $1.7 billion going into 181 deals.

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