More Data Points to Uptick In Third Quarter Venture Funding

More venture dollars went into startups in the third quarter than the two previous quarters of the year, but was still down 33 percent from a year ago, according to the latest MoneyTree report put out by PricewaterhouseCoopers and the National Venture Capital Association. The report counts 657 venture deals worth a total of $4.8 billion, up 17 percent from the second quarter. We found a similar rise in venture dollars ( up 17.5 percent) in our third quarter TechCrunch Trends report. Although, we measured a higher dollar-volume of deals—$7.7 billion in aggregate venture funding across 645 funding rounds. (We also came out yesterday with a ranking of the top 25 most active VC firms ).
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