PricewaterhouseCoopers MoneyTree 2009 Venture Results Out; Big Drop in Philly Area

Although there was slight improvement in the fourth quarter, venture capital investments in the Philadelphia area fell to $424 million in 2009 from $754 million in 2008, according to PricewaterhouseCoopers MoneyTree data released tioday. Fourth Quarter 2009 investments were $142 million versus $126 million in 2008.
There were 28 deals in the fourth quarter and a total of 89 for the year, compared to 149 reported last year.
Today's report provides only aggregate data; detailed deal-by-deal data is expected out on February 1.

See today's press release here.


Daily Links 1/22/10: Comcast names new President for Cable Ops

Comcast Cable Names Neil Smit President
Former Charter CEO to Be Responsible for All Cable Operators
(Multichannel News)

Comcast to fight FCC ruling on sports telecasts (Philadelphia Inquirer)

Filling the pipes
(The Deal Magazine)

One Of These Venture Firms Is Not Like The Other (Wall Street Journal: Venture Capital Dispatch)
First Round Capital.

Oracle President Admits Affair After Billboards Appear (New York Times: Bits)

Java's Future Uncertain Under Oracle Grip (PCWorld)

SAP: Voice of the Customer (ZDNet Blogs)

Avencia adds support for OpenStreetMap (GIS Development)

First Round capital represented by CresaPartners New York in the leasing of their NYC office. (Cresa Partners: New York