Last year,
The 2016 number was down, too, from the 2014 mark of nearly
In fact, the 2016 number is the lowest since
But there's nothing wrong with
2016 was down nationally compared to other years, he noted. 2014 was a strong year. “I think a pullback at some level was to be expected for the '16 year,” Ciccolella said.
Still, deals are happening, he said, cautioning against reading too much into a single quarter or year.
“I think a lot of the times the money is kind of funnelled into specific geographies,” Ciccolella said in an interview.
And for the final quarter of 2016,
“I see that kind of fluctuation across all kinds of different states,” Ciccolella said.
He said
“It's a good place to be actually,” Langos said of
The biggest venture capital investment in
Nationally, though 2016 ended on what PwC called a “weak note,” investment in
Investors put
“These figures represent a slight recovery from Q4 2016, where start up investment figures bottomed out as part of an ongoing retreat from the peaks of 2015,” the report said.
American “megadeals” rose to 17 in the first quarter up from only 12 the previous quarter.
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