In last night’s episode of HBO’s Silicon Valley, you watched the good folks at Pied Piper struggling to raise their first round of funding from Venture Capitalists (VC). This, after being chased by VCs, who were eager to invest in the startup in last week’s episode. You may have fleetingly wondered how much was actually invested by VC’s in the first quarter of 2015? Well, the number are out. $13.4 billion was invested according to this press release from The National Venture Capital Association. This amount was invested in 1,020 deals.
So what is the pattern? Which sector got the most and which region got the maximum dollars you ask? Unsurprisingly, the software industry ranks first when it comes to those investment dollars, and the biotechnology sector ranked second. When you break down the investments by region it should come as no surprise that Silicon Valley ranks first.