Venture capital investments total $5.77 bln in Q2 2005

Venture capitalists invested $5.77 bln in companies in Q2 2005, down 4.8% from $6.07 bln in Q2 2004. That brought the first half to $10.64 bln, down 4.7% from $11.17 bln, according to a survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association. Venture capitalists are on a track to invest $21 bln in US companies in 2005.