Venture Capital Spending Recovery in Los Angeles. It appears that venture capital dollars flowing into Los Angeles have finally started to catch up with the growth in startup activity in the region. After a sluggish start to the year, Los Angeles County companies raised $247 million during the second quarter, according to a report from City National Bank. That put an end to a downward trend that began during the third quarter last year. While the nearly quarter-billion dollars in funding represents a 34 percent increase from the first quarter, it is still a 9 percent drop from $271 million raised during the same period last year. labusinessjournal/news/2013/jul/29/report-venture-capital-road-recovery/
Posted on: Mon, 29 Jul 2013 21:58:04 +0000
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