largest single sector during the quarter, according to CB Insights. Venture firms invested almost $2.07 billion in 326 Internet deals, which accounted for 35 percent of the VC dollars invested and 42 percent of the deals.
Without including the amounts invested, CB Insights says the top Internet deals were:
Yammer (San Francisco, CA)
Lithium Technologies (Emeryville, CA)
Code 42 Software (Minneapolis, MN)
Apptio (Bellevue, WA)
Kinnser Software (Austin, TX)
Trialpay (Mountain View, CA)
Healthcare was the next-biggest sector, with $1.45 billion invested in 153 deals. Those numbers were roughly comparable to the same quarter last year, but represent a 23 percent drop from the almost $1.9 billion invested during the previous quarter and an 11 percent slide in the 172 deals. CB Insights says, “The sentiment and chatter around healthcare continues to be mixed and so the sector will remain range-bound unless some catalyst, i.e. massive exit, regulatory change, etc. can spur it to move.”
The biggest healthcare deals were:
Warp Drive Bio (Cambridge, MA )
Sientra (Santa Barbara, CA)
Ariosa Diagnostics (San Jose, CA)
Apollo Endosurgery (Austin, TX)
Mevion Medical Systems (Littleton, MA)
Cleantech funding continues to
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Author: Bruce V. Bigelow
In Memoriam: Our dear friend Bruce V. Bigelow passed away on June 29, 2018. He was the editor of Xconomy San Diego from 2008 to 2018. Read more about his life and work here.
Bruce Bigelow joined Xconomy from the business desk of the San Diego Union-Tribune. He was a member of the team of reporters who were awarded the 2006 Pulitzer Prize in National Reporting for uncovering bribes paid to San Diego Republican Rep. Randy “Duke” Cunningham in exchange for special legislation earmarks. He also shared a 2006 award for enterprise reporting from the Society of Business Editors and Writers for “In Harm’s Way,” an article about the extraordinary casualty rate among employees working in Iraq for San Diego’s Titan Corp. He has written extensively about the 2002 corporate accounting scandal at software goliath Peregrine Systems. He also was a Gerald Loeb Award finalist and National Headline Award winner for “The Toymaker,” a 14-part chronicle of a San Diego start-up company. He takes special satisfaction, though, that the series was included in the library for nonfiction narrative journalism at the Nieman Foundation for Journalism at Harvard University.
Bigelow graduated from U.C. Berkeley in 1977 with a degree in English Literature and from the Columbia University Graduate School of Journalism in 1979. Before joining the Union-Tribune in 1990, he worked for the Associated Press in Los Angeles and The Kansas City Times.
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