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November 20th, 2003
Small tech VC in Q3: the story remains staid and sustainable
Caution continued to dictate small tech venture investment in the third quarter, with VCs favoring expansion-stage companies – trends that have dominated the general U.S. landscape for the past few quarters.
Small tech’s share of venture capital increased slightly, gathering 6.2 percent of the $4.2 billion deployed, compared to 5.6 percent in the second quarter, according to Small Times' analysis of the most recent MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics and the National Venture Capital Association.
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