Tuesday, January 2, 2007

Silicon Valley Hits $1.6B In Deals For Q4 2006

Silicon Valley's venture capital deal flow totaled roughly $1.66B in deals for Q4 of 2006, with the total year's venture capital deals totaling nearly $7.2B, according to an analysis made by silicontap.com of announced and otherwise disclosed venture activity in the area for the quarter.

Silicon Valley's most active investors were Mayfield, which had 13 deals in the quarter, followed by Kleiner Perkins Caufield and Byers, with 7 deals disclosed in the quarter. The largest investments included a $75M investment in Mountain View-based drug delivery firm Macroflux, a $50M equity investment in satellite firm Protostar, and a $42M investment in Redwood City-based SEVEN, a mobile software firm.

silicontap.com tracks day-to-day venture capital activity in the Silicon Valley region, and uses venture data disclosed by companies announcing funding; self-reported by both technology companies and venture firms; as well as regulatory filings and other sources. The totals reported will differ from other venture capital surveys, due to sources of information, timing of funding events, and classification of data. PricewaterhouseCoopers/National Venture Capital Association, and Ernst & Young/VentureOne will release their quarterly nationwide results of venture activity later this month.

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