Summary
Venture capital investments to Utah companies took a tumble in this year's first quarter while venture funding across the nation showed modest increases.
According to the MoneyTree Survey released Monday, only one Utah company, Facet Solutions Inc., a medical devices company, secured $3.4 million in venture funds in the three months ended March 31, a nearly 90 percent drop compared to $33 million raised by six Utah companies in the same period in 2003.See the full content of this document
Extract
Venture Capital Tumbles
Nationally, total dollar value of U.S. venture investments rose to $4.6 billion in the first quarter, up from $4.2 billion a year ago. Yet there ...
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