Both dollar and deal volume down
(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.
About Big4.com
Big4.com is the accounting, tax, consulting and IT professions’ premier resource, and has been exclusively focused on Big Four firm professionals and alumni for 10 years, providing high quality content, connectivity and commerce. The Big Four Job Board offers fresh job opportunities – clients include the world’s leading companies. Big Four News covers key news, developments, events, survey results, press releases and appointments. The Big Four Blog provides opinion and insight on recent and key developments, news, happenings, management changes, regulations, acquisitions and capital market activities. Big4 Video is a professionally produced news covering key global developments in this space.
Big4.com has a strong presence on key social media platforms:
Youtube: Big4Video is a professionally produced weekly news magazine.
Twitter: twitter.com/big4 has 9,500 followers.
LinkedIn: The Big Four Alumni and Professionals group is the largest corporate and alumni group with 100,000+ members.
Facebook: The Big4 fan page has 7,500 fans at facebook.com/big4page.
Xing: The Big Four Alumni and Professionals group has 1,450+ members.
Share:
Contact
Kristy Short
Big4.com
(734) 481-0186
Email
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/10/prweb10034364.htm
This article (PwC Sees Venture Capital Investments Decline in Q3, Big4.com Reports) was originally developed by and is property of American Banking News. Checkout American Banking News for up-to-date banking news and peer to peer lending news.