Of the ten regions garnering the largest amounts of venture capital in 2004, more than half experienced an increase in investing over 2003. Silicon Valley captured $7.1 bln, up 13% over the prior year. And, New England secured $3.1 bln, climbing 6.6% from 2003. Some other regions chalking up sizeable increases in 2004 were the Southeast, San Diego, and the Northwest. Taken together, the top three regions in 2004 – Silicon Valley, New England, and NY Metro – accounted for 56% of the dollars invested and 49% of the deals reported in 2004, according to PriceWaterhouseCoopers.
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