the MoneyTree Report. VCs invested almost $8.4 billion during the last three months of the year, about 20 percent more than the $6.9 billion invested during the fourth quarter of 2012. The deal count remained roughly the same: the MoneyTree Report counted 1,077 deals in the fourth quarter of 2013, and 1,050 in the same quarter of 2012.
The 10 biggest venture investments of 2013, according to the MoneyTree Report, are:
1) Genband (networking equipment), Frisco, TX, $343.5 million
2) Uber Technologies (software), San Francisco, $257.8 million
3) Pinterest (media and entertainment), San Francisco, $225 million in first quarter
4) Pinterest, $200 million in fourth quarter
5) Palantir Technologies (software), Palo Alto, CA, $196.5 million in third quarter
6) Palantir Technologies, $177.5 million in fourth quarter
7) Air Watch (software) Atlanta, $154.3 million
8) Pure Storage (computers and peripherals), Mountain View, CA, $150 million
9) Fab.com, (consumer products and services), New York, $150 million
10) Precision for Medicine, (biotechnology), Chevy Chase, MD, $150 million
Pages: Page 1, Page 2, Page 3
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.
View all posts by Bruce V. Bigelow
