Click here for printer friendly page
2008 Venture Capital Report09/07/2008. Source: WilmerHale.
 The gradual but steady increase in venture investing activity that has characterised the venture capital market over the past several years continued in 2007. Of greater significance was the more pronounced improvement in the IPO and M&A markets for venture-backed companies over the past year, according to this venture capital report from law firm WilmerHale.
In 2007, 2,648 reported venture capital financings raised total proceeds of $29.9 billion. This compares to 2,616 financings, raising $27.7 billion, in 2006. Figures captured in the first quarter typically understate the prior year's total level of venture financing activity by 5 to 10 percent, due to the delayed reporting of many venture capital transactions, so the increase in investing activity in 2007 was greater than current figures would indicate. 2007 is the fourth consecutive year in which the number of financings has increased. 2007 financing activity remains significantly lower, however, than the levels reached during the 1999-2001 Internet bubble.
The median size of venture capital financings increased to $7.6 million in 2007, from $7.0 million in 2006. The 2007 figure is the highest figure in any year other than 2000. The median financing size for life sciences companies ($10.0 million) increased significantly from 2006 ($7.5 million), while the figure for information technology companies ($7.0 million) remained unchanged.
Click here to view the full document (pdf 1.41 MB) You need Adobe Acrobat to read this document. If you do not have it, you can download it free from www.adobe.com/products/acrobat/readstep.html
WilmerHale provides legal representation across a comprehensive range of practice areas that are critical to the success of its clients. The law firm has built leading practices in the securities, litigation, regulation, intellectual property and transactional areas and participates in some of the highest-profile legal and policy matters.
For nearly a century, WilmerHale has played a leading role in historic events and landmark cases that have shaped the United States and left their mark across the world. The firm has more than 1,000 lawyers in 11 cities worldwide. For more information, please visit www.wilmerhale.com.
|
