Thursday, August 18, 2011

Venture Valuations Strong In Q2, Says Survey

A survey of recent investments in technology and life sciences companies find that valuations were strong in Q2 in Silicon Valley. The study, conducted by law firm Fenwick & West LLP, found that up rounds exceeded down rounds 61 percent to 25 percent, with 14 percent flat in Q2, slightly down from Q1 but still a strong quarter, according to Fenwick & West. Fenwick & West run its survey of valuations and terms every quarter. The results from Q2 came from 117 venture financings surveyed by the company. The firm said the best performing industries in terms of valuation were software, Internet/Digital Media, followed by hardware and cleantech.