According to the MoneyTree report by PricewaterhouseCoopers LLP (“PwC”) and the National Venture Capital Association (“NVCA”), venture capitalists invested $29.4 billion in 3,995 deals in 2013. This represents a 7% in dollars invested and a 4% increase in deals compared to 2012.
Internet-specific companies captured $7.1 billion in investments in 2013, according to the report. This marks the highest level of internet investment since 2001.
Software companies captured $11.0 billion in investments, which marks the highest level of software investment since 2000. Additionally, dollars going into software companies accounted for 37% of all VC investments in 2013. This is the highest percentage ever recorded by the MoneyTree report, which began in 1995.