Venture Capital Investment in Clean Technology Shows Considerable Strength in Third Quarter of 2007

U.S. Newswire, October, 2007

To: BUSINESS EDITORS

Contact: Steven Berry, PricewaterhouseCoopers, 1-410-659-3460, steven.h.berry@us.pwc.com; Lisa Peterson of Porter Novelli for PricewaterhouseCoopers, 1-512-241-2233, lisa.peterson@porternovelli.com; Emily Mendell, National Venture Capital Association, 1-610-565-3904, emendell@nvca.org

WASHINGTON, Oct. 22 /PRNewswire/ -- Venture capitalists invested $7.1 billion in 887 deals in the third quarter of 2007 according to the MoneyTree(TM) Report from PricewaterhouseCoopers and the National Venture Capital Association based on data provided by Thomson Financial. Quarterly investment activity was down slightly from the second quarter of 2007 when $7.2 billion was invested in 1,000 deals, suggesting ongoing stability within the venture capital arena. The...

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