Rejoice, The Funding Returns!
Saturday, August 8th, 2009this article in Mass High Tech talks about early stage venture funding in New England. Here are the numbers that the article provided. I did some averages to keep all the figures “per month”.
- Jul, Aug, Sept 2008: 6 deals, $34M total
- Jan, Feb, Mar 2009: 3 deals, $17M total
- Jul 2009: 15 deals, $97M total
James Geschwiler, executive director of Common Angels, is quoted extensively in the article, which ends: “After all, when the economy is down, investors should be taking advantage of the lower costs. [James] said: ‘I didn’t have to go to business school to learn “buy low, sell high.”‘”