U'S' Venture Capital Investment Overview Boulder Software Club

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U.S. Venture Capital Investment OverviewBoulder
Software Club December 5, 2005
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U.S. VC Investment
Amount Invested (B)
Number of Deals
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U.S. VC InvestmentQ1-Q3 2005 Industry Breakdown
Amount Invested (B)
Number of Deals
Other Industries 1.4B, 189 Deals
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Q1-Q3 2005 U.S. VC Financing MapEight Hotbeds
Account for 77 of Deals and 83 of Dollars
Colorado Deals 2 Dollars 3
Washington Deals 4 Dollars 4
WA
New England Deals 13 Dollars 12
ME
MT
ND
VT
MN
OR
NH
MA
ID
WI
NY
SD
Northern CA Deals 32 Dollars 34
RI
WY
MI
New York Metro Deals 7 Dollars 11
CT
PA
NJ
IA
NE
NV
OH
DE
IL
IN
UT
MD
CO
WV
VA
KS
CA
MO
KY
Potomac Deals 4 Dollars 4
NC
TN
Southern CA Deals 10 Dollars 10
AZ
OK
AR
SC
NM
GA
AL
MS
TX
LA
FL
Other Areas Deals 23 Dollars 17
Texas Deals 5 Dollars 5
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2004 Highest Growth Areas Top 8 Areas, 2004
versus 2003 Growth ( M)
Minnesota 138
Illinois 154
Washington 312
WA
ME
MT
ND
VT
MN
OR
NH
MA
ID
WI
NY
SD
Bay Area 483
RI
WY
MI
CT
PA
NJ
IA
NE
NV
OH
DE
IL
IN
UT
Maryland 189
MD
CO
WV
VA
KS
CA
MO
KY
NC
TN
Southern California 132
AZ
OK
AR
SC
NM
Georgia 367
GA
AL
MS
Utah 85
TX
LA
FL
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Highest Growth Areas2004 Invested versus 2003
Invested
Bay Area Georgia Washington Maryland Illinois Minn
esota Utah
483
367
312
8
189
154
-21
138
Southern California
132
9
85
16
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U.S. Seed/First Round Investment
Amount Invested (B)
Number of Deals
8
U.S. VC Median Deal Size
Median Amount Invested (M)
9
U.S. VC Median Pre-Money Valuation
Median Premoney Valuation (M)
10
Round Allocation Mirrors Mid-90s LevelsDeal
Flow Allocation by Round Class
8
11
9
39
39
39
33
of Total VC Rounds
20
20
54
34
32
YTD05 Q1-Q3 2005
Seed and First Rounds Combined
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More than ½ of Dollars Go To Later Rounds in
05Investment Allocation by Round Class
9
9
31
45
50
25
of Dollars Invested
36
20
43
42
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YTD05 Q1-Q3 2005
Seed and First Rounds Combined
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U.S. Venture Backed IPOs
Amount Invested (B)
Number of Deals
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U.S. VC MA Activity
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MA Median Value vs. Median VC Invested
( M)
55
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U.S. VC Fundraising
VC Fundraising Totals (B)
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Q1-Q3 2005 Colorado Financings
469 Million Invested
39 Deals
Biopharmaceuticals 24
Biopharmaceuticals 10
Communications 10
Software 36
Software 36
Cons/Bus Services 8
Communications 9
Semis 1
Electronics 12
Cons/Bus Services 5
Med IS 2
Semis 3
Med IS 5
Energy 3
Med Devices 3
Energy 1
Electronics 18
Med Devices 10
Information Services 3
Information Services 1
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Colorado VC Investment
Amount Invested (B)
Number of Deals
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Software Leads the Way for ColoradoSoftware
Portion of Colorado VC Deals
Overall Investment
Number of Deals
All Colorado VC Deals
Colorado Software VC Deals
Software
36
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2005 Colorado VC Software DealsPublicly
Disclosed Deals Listed Below

• CenterStone Technologies, Denver
• ExtraQuest, Greenwood Village
• NetRegulus, Centennial
• NewsGator Technologies, Denver
• OpenLogic, Broomfield
• Ping Identity, Denver
• Privacy Networks, Fort Collins
• Silver Creek Systems, Louisville
• Tendril, Lafayette
• Transform Software, Littleton
• Umbria Communications, Boulder
• Valen Technologies, Denver
• Vericept, Denver
• Webroot Software, Denver

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Thank you. Now, Craig Hanson from Vista Ventures
will share his insight.