MoneyTreeTM Report: Q4 2011 Technology funding Building strength

US venture capital funding for the Technology sector was $3.3 billion in 524 deals during the fourth quarter of 2011, according to findings from the MoneyTreeTM Report by PricewaterhouseCoopers and the National Venture Capital Association (NVCA), based on data from Thomson Reuters.

In 2011, Technology venture funds invested $14.7 billion in 2,220 deals, an increase of 28 percent in dollars and 9 percent in deal volume. In 4Q11, Technology investment was up 10 percent in dollars and up 1 percent in the number of deals from the fourth quarter of 2010. For all industries, US venture capitalists invested $6.6 billion in 844 deals during the fourth quarter of 2011.