Monday, July 25, 2005

Washington 3rd in # of VC investments

A few excerpts from the article in the Seattle P-I reporting on venture activity in Washington...

Twenty-six companies in the state received financing, ranking it behind only California and Massachusetts in number of deals...


A diverse group of Seattle-area companies received financing in the second quarter -- ranging from digital content storage maker Isilon Systems to high-speed Internet service provider Ygnition Networks...



Investments also were pretty evenly split in terms of company development -- with six early-stage deals, six second-round deals and eight later-stage deals.

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