The trends in venture funding last year were much like those in the job market: While overall numbers were down, those in tech were up.
Overall venture funding in the U.S. fell 10 percent during 2012, to $26.5 billion. That’s the first decline in three years. On the other hand, the software industry — historically the largest investment segment for venture capital — posted a 10 percent increase over 2011 to $8.3 billion. A total of 1,266 software deals were transacted, an 8 percent increase. That compares to 3,700 overall, a 6 percent drop.
Internet-specific companies didn’t fare so well. VC investments there fell by 5 percent in both dollars and deals, to $6.7 billion invested in 976 transactions.
We saw that five Silicon Valley startups we looked at last year landed a total of $253 million in VC funding: Box reaped the lion’s share with $125 million, followed by Pure Storage with $40 million, Ooyala with $35 million, Nutanix with $33 million and Apigee with $20 million.
The 10 New York startups we profiled in December also did pretty well, raising a total of almost $106 million. The break down:
- Fab – $50 million
- Codeacademy – $12.5 million
- Fancy Hands – $1 million
- Contently – $2.35 million
- Fancy – $18 million
- MoviePass – $4.7 million, according to VentureBeat
- Timehop – $1.1 million
- Adaptly – $13.2 million
- Picturelife – $4 million, according to TechCrunch