$5.4 bln of venture capital invested in US in Q4 2008
US VC investments in the US totaled $5.4 bln during Q4 2008, according to PriceWaterhouseCoopers, the National Venture Capital Association and Thomson Reuters. This compares to the $8.1 bln invested in Q4 2007 and is the lowest quarterly level of venture investments since Q1 2005. Fourth-quarter investments went to 818 companies, down from 1,051 in Q4 2007. Investments in software companies dropped to their lowest level in 10 years, as $1 bln was sunk into 194 companies. In Q4 2007, 245 software companies received $1.4 bln in investments.