Software startups reign in Minnesota’s Q1 venture capital haul

April 17, 2015 10:00 AM

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Software startups reign in Minnesota’s Q1 venture capital haul

Nearly all venture capital flowing into Minnesota during the first quarter went to software companies, according to a report released Friday.

Tech startups accounted for $43 million of the $48.2 million raised by Minnesota companies during the first three months of the year. In addition, five out of seven investments reported during the quarter went to software businesses, according to the MoneyTree Report compiled by PricewaterhouseCoope...

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