VC Investing in Northeast U.S. Second Quarter Results

Total venture capital investing in all type of businesses in the Northeast during the most recent quarter rose to about $1.5 billion, up from about $1.3 billion for the same period last year, according to the latest Ernst & Young/Dow Jones VentureOne Quarterly Venture Capital Report, released on Monday. In the healthcare sector, investing took a bump up to $504 million during the quarter, compared to $440 million last year. The report puts the total number of investments in IT companies in the Northeast during the quarter at 87 deals -- up from 82 -- while the total amount of venture capital invested in the region's IT sector fell slightly to $638 million, down from $663 million.

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