Washington’s venture capital machine churning out fewer but much larger deals

April 17, 2015 4:07 AM

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Washington’s venture capital machine churning out fewer but much larger deals

Washington companies raised more venture capital funding in the first quarter than they have during the first three months of any year in more than a decade, building on momentum the industry mustered up late last year.

During the first quarter, 38 Washington companies hauled in roughly $329.9 million from venture capitalists, a 55 percent increase over the $212.5 million raised by firms in the region during the same period last year, according to the latest round of data from PricewaterhouseCoopers and the Nationa...

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