Bearing a resemblance to last week’s upbeat venture-capital-investment numbers from MoneyTree, the quarterly DJX Venture Source report, released Thursday, showed a sharp fourth-quarter rise in Washington state
but a slight decline from same period in 2012 for the nation.
Washington companies attracted almost $531 million in 37 deals in the last quarter of 2013, a 522 percent increase in venture funding from the previous quarter and up nearly 139 percent from the final quarter of 2012, according to DJX, formerly known as Dow Jones VentureSource.
The report said venture capitalists invested just over $1 billion in 136 deals in Washington in 2013, an increase of 11 percent in dollars and 18 percent in deals over 2012.
These numbers are similar to last week’s MoneyTree report from PricewaterhouseCoopers and the National Venture Capital Association. That report said companies in Washington raised $913 million in 126 deals in Washington in 2013.
- 'Granny panties' making a comeback as women say no to thongs
- Amazon rolls out free same-day delivery for Prime members
- Shopping video undoes woman's case against SPD
- Artificially produced water delivers Israel from drought
- Seahawks' Michael Bennett admits he wants a new deal
Most Read Stories
Discrepancies between the two reports stem from differing methodologies and definitions used by the competing firms.
In contrast to the MoneyTree report, DJX said VC investments nationwide for 2013 reached 3,480 deals and $33.1 billion, a respective 5 percent decrease and 1 percent increase compared with 2012.
For the quarter, however, numbers from the two reports are very similar, with the number of deals increasing 5 percent to 901, while drawing in $8.9 billion in investments, according to DJX.
Coral Garnick: 206-464-2422 or firstname.lastname@example.org. On Twitter @coralgarnick