Pacific Northwest venture capital activity dips 59% in Q4, but up overall for 2015

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Venture capital activity in the Pacific Northwest dipped more than 59 percent in Q4 of 2015, capping off what was otherwise a busy year for investors. VC data provider Pitchbook reported just $ 246 million invested across 64 Pacific Northwest deals last quarter, which is down from $ 604 million across 98 deals in the year-ago period. Still, for 2015 as a whole, there was a record $ 2.4 billion invested in Pacific Northwest startups — up from $ 2.3 billion in 2014 and $ 1.4 billion in 2013 — and median pre-money valuations reached an all-time high of $ 24.1 million, increasing 42 percent from 2014.… Read More
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