TABLE OF CONTENTS. Venture Capital Activity Report Q QUARTER SUMMARY 2 QUARTERLY TRENDS 3 SECTOR REVIEW 11 GEOGRAPHIC REVIEW

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1 TABLE OF CONTENTS QUARTER SUMMARY 2 QUARTERLY TRENDS 3 SECTOR REVIEW 11 1 INTERNET 11 2 MOBILE & TELECOM 18 3 HEALTHCARE 25 4 GREEN / CLEAN TECH 32 GEOGRAPHIC REVIEW 1 CALIFORNIA 39 2 MASSACHUSETTS 45 3 NEW YORK 50 4 WASHINGTON 56 5 TEXAS 61 DEFINITIONS & DATA INTEGRITY , CB Insights. All rights reserved. For more information about CB Insights, please info@cbinsights.com.

2 2 Q This Quarter in Venture Capital VCs aggressively doing deals in Q1 2012, but the absence of mega VC deals put a damper on funding levels as industry hit funding levels not seen since Q VCs weren t hesitant to open up their wallets in Q making 785 investments in the quarter the 2 nd most in the last nine quarters. But despite the aggressive number of deals, the checks written were smaller than prior quarters as institutional investors plowed $5.9 billion into companies the lowest level of VC funding since Q Although this represents a 22% decline in funding from Q4 2012, we do not think that a single quarter dip in funding is in any way symptomatic of any sort of correction or any sort of bubble bursting. Deal activity which we view as a better gauge of investor sentiment remains strong. The funding dip is primarily the result of fewer VC mega deals in the quarter which as the quarter illustrates can and do move numbers significantly up when present and down wildly when absent. Note: Only deals in which VCs are participating are included. Companies which raise money from mutual or private equity funds or corporations (unless it is their corporate venture arms) are not included. We recommend you review our definitions and methodology on p. 66 to see what is included/excluded as there is a great amount of misinformation out there. VCs Continue to Plant Their Seeds Seed investing hit a historical high with almost 1 of every 5 VC deals being an early stage seed VC investment. These call options as we ve referred to them in the past allow venture investors to invest minimal amounts in companies (primarily tech) and get first access to invest in these companies should they show signs of going from seed to something more substantial. On the flipside, if the seed investment doesn t work out, the firm has put little capital at risk. Increased capital efficiency in tech has made these types of seed investments increasingly popular and Q starkly demonstrated this with 19% of deals being of the seed variety. The Instagram Effect For the first time, we ve broken out mobile & telecom investment trends in this report what we re calling our own little Instagram Effect. While mobile deal volume remained strong, funding dipped in Q1 12. Like most tech investment sectors, VCs are favoring small seed investments in the mobile sector. And since the Instagram acquisition by Facebook was announced when Q1 12 was already in the books, we expect that the coming quarters will be interesting for the mobile sector as companies and investors try even more aggressively to ride the mobile wave. Green Tech Sputters With no mega deals and continued uncertain sentiment green tech saw its lowest level of deals and funding in the last five quarters. Will something help Green Tech shake its malaise in the coming quarters? Internet Deals Climb on Back of Seed Deals While internet funding fell 17%, deal volume grew 16% with a five quarter high for seed VC deals. Healthcare s Flu Like Symptoms Continue After a strong Q4'11, VC funding to healthcare hit a five quarter low while deals stayed within their recent range. The sentiment and chatter around healthcare continues to be mixed and so the sector will remain range-bound unless some catalyst, i.e., massive exit, regulatory change, etc. can spur it to move. NY Hits Five Quarter Funding Low. Uh Oh? New York funding dipped but the state s deal activity stayed strong so we don t think the decline is a problem (yet). NY remains a hub for early stage investment with 30% of deals in the seed stage and another 30%+ in the Series A stage. Mass Sees Five Quarter Low on Deals & Dollars Unlike NY, Mass fell on both deals and dollars. The gap vs. NY on the tech front also seems to worsen for Mass although the state continues to have a more balanced attack with healthcare and green tech. If, however, there is a coming wave of internet & mobile opportunities, is Mass not positioned to capitalize on these opportunities? Washington Bucks National Trend Funding Climbs While national VC funding fell 22%, Washington actually climbed 41% making it the only major VC recipient to register an increase in funding. California Leads but Sees Big Funding Dip. Cali funding dips 26% vs. Q4 11, but still leads the pack.

3 3 $5.9B in 785 Deals Strong Deal Activity; Few Mega Deals After four straight quarters of $7B+ funding, Q saw a steep drop in funding dollars although deal activity stayed very strong.

4 4 NY Jumps Ahead of Mass On Deal Share After Q4 10 dip below Mass, NY snaps back to #2 on number of VC deals. Overall, league tables for top states remain largely in-line with historical levels.

5 5 Cali, Mass, NY Take Lowest Share of Funding in Last 5 Qtrs NY s funding fell to a five quarter low while Washington registered it s highest amount of funding in the last five quarters.

6 6 What Smart Investors, Bankers and Wealth Managers Use to Get Ahead With CB Insights you can access real-time private company deal feeds including financings, M&A and IPOs that are updated constantly throughout the day. CB Insights is accessible for free by visiting

7 7 New Year Starts with Bang (At Least in Terms of Deals) January 2012 continued the deal momentum seen in late 2011 with the month registering the highest deal count in the last 18 months. Funding levels stayed depressed throughout the quarter with few mega deals to buoy totals.

8 8 VCs Aggressively Plant Their Seeds in Q Seed VC deals register five quarter high and help to push deal activity numbers for the quarter higher. Funding distribution across series stays consistent with historical patterns. In total, seed and Series A continue to make up almost 50% of deals.

9 9 Healthcare Slips Back on Deals While Internet Grows After an uptick in Q4 11, healthcare falls back on deals and maintains its historical funding levels. Internet investments gain increased share of total VC deals.

10 10 Get Started for Free with CB Insights Basic membership on CB Insights is free. Just visit Or connect with us via any of the following. Twitter Follow Newsletter Click here to receive our weekly dealflow newsletter. Telephone

11 11 Q Venture Capital INTERNET

12 Internet 12 Internet Deals Way Up While Funding Hits Five Qtr Low Without a massive Facebook, Twitter, etc mega-funding, internet dollars slip significantly, but on the back of strong Seed and Series A activity, deals are way up. Versus Q4 11, deals are up 15%. Relative to Q1 11, deals are up 14%.

13 Internet 13 Mass Falls to Distant Third for Internet VC Deals NY nearly triples Massachusetts on number of internet deals. Cali continues its chokehold on the #1 position for both deals and funding. Quarter Highlights 326 deals $2,067M Top Deals Yammer Lithium Technologies Code 42 Software Apptio Kinnser Software Trialpay Top Cities San Francisco, CA 47 deals $447M Mountain View, CA 14 deals $173M New York, DC 47 deals $153M Austin, TX 9 deals $76M Santa Monica, CA 5 deals $65M Bellevue, WA 2 deals $58M Palo Alto, CA 14 deals $56M Emeryville, CA 1 deals $53M Minneapolis, MN 1 deals $53M Boulder, CO 5 deals $52M

14 Internet 14 Mass Hits Five Quarter Low on Internet Deals NY retains to the #2 spot for Internet, although loses significant share of funding to Cali and others. Massachusetts falls to 5 quarter low on share of internet deals.

15 Internet 15 Seed Internet Deals Soar. Series B Funding Gets Crunched. Seed deals in web companies breaks out above already-record levels. Series A funding sees five quarter high while internet Series B deals see a multi-quarter low.

16 Internet 16 Big Data Pushes Business Intelligence into Deal Lead Social internet companies, usually a big area of investment, fell several spots with some atypical areas like Business Intelligence and Monitoring & Security jumping up to the league tables.

17 Internet 17 Early Stage Medians Remain Flat, Later Stage Uptick Early stage Internet deal sizes remain fairly steady, while Series C and beyond see uptick since last quarter.

18 18 Q Venture Capital MOBILE & TELECOM

19 Mobile 19 Mobile Deal Activity Stays Strong but Funding Dips Funding falls to a five quarter low dropping 42% vs. Q4 11 and 29% vs. Q1 11 but deal activity stays steady. Q2 12 will be an interesting quarter to watch: will there be an Instagram Effect on mobile funding and deal activity? (We expect there will be)

20 Mobile 20 Like Internet VC, Cali Dominates with NY 2 nd in Mobile VC NY is a distant 2 nd to California in terms of both deals and dollars. Massachusetts and Washington also exhibit mobile VC strength in Q1 12. Quarter Highlights 93 deals $453M Top Deals BOKU Ruckus Wireless Jasper Wireless Ooma Verivo Software Top Cities San Francisco, CA 8 deals $62.91M Palo Alto, CA 9 deals $49.37M Mountain View, CA 7 deals $40.6M New York, NY 10 deals $39.37M Sunnyvale, CA 3 deals $25.75M Bellevue, WA 2 deals $22.8M Waltham, MA 1 deals $17M Boston, MA 3 deals $15.93M Denver, CO 2 deals $14M Sioux Falls, SD 1 deals $12M

21 Mobile 21 Deal/Dollar Share In Line With Historical Levels Washington and Colorado register healthy quarters for mobile deals and funding. Funding levels by state continue to swing wildly in mobile & telecom as the category is still in its infancy, where a large deal can seismically shift the quarter s funding totals.

22 Mobile 22 Seed VC Deals in Mobile Hit Five Quarter High Seed and Series A make up two-thirds of deals, highlighting the relative nascence of companies in mobile and the burgeoning interest in the mobile sector. Series B and C see lowest portion of financing dollars in the last five quarters.

23 Mobile 23 Mobile Advertising, Gaming and Application Dev Win Deals Deal and dollar distribution remains diverse with numerous sub-industries within mobile garnering funding. The land grab is still on within mobile as category leaders are still being determined across a wide variety of mobile focus areas.

24 Mobile 24 Early Stage Median Deal Sizes Stay Flat No clear trend for mobile investment medians is discernible. While early stage deal medians have stayed mostly range bound, Series B and Series C medians have dropped while Series D and later-stage Series E+ have ticked up.

25 25 Q Venture Capital HEALTHCARE

26 Healthcare 26 Healthcare Hits 5-Quarter Funding Low, Seeks Lifeline Healthcare follows up its strongest quarter in funding over the previous five quarters with its weakest one since Deal volume reverts to familiar levels.

27 Healthcare 27 Cali and Mass Remain Healthcare Breadwinners California and Massachusetts combine for 46% of deal share and 61% of funding dollars. Beyond the top two, the field remains diverse as usual. Quarter Highlights 153 deals $1,449M Top Deals Warp Drive Bio Sientra Ariosa Diagnostics Apollo Endosurgery Mevion Medical Systems Top Cities Boston, MA 2 deals $128M San Diego, CA 6 deals $90M Redwood City, CA 4 deals $86M Santa Barbara, CA 1 deals $65M San Jose, CA 2 deals $65M Cambridge, MA 7 deals $53M La Jolla, CA 2 deals $50M Austin, TX 2 deals $48M Littleton, MA 1 deals $45M Ann Arbor, MI 3 deals $37M

28 Healthcare 28 California Loses Deal Share for the 5 th Straight Quarter The field continues to chip away at California s lead in deal share, as California falls to 27% of Healthcare deal flow a 10% drop since Q Meanwhile, Mass and Cali both lose a bit of funding share as well.

29 Healthcare 29 Seed Jumps Significantly, but Overall Early Stage Dips Seed deals double their share since Q4 2011, owning 14% of overall dealflow. However, Series A takes a step back in terms of both deals and dollars, netting an overall drop in early stage Healthcare activity.

30 Healthcare 30 Usual Suspects: Medical Devices, Pharma, Biotech Own Q1 Medical devices stays atop the charts in terms of both deals and dollars, followed up by Biotech and Pharma, respectively.

31 Healthcare 31 Healthcare Medians Continue to Drop in Q1 Following a trend in recent quarters, Healthcare median deal sizes drop almost across the board, with the sole exception in Series E+ which saw a significant bump.

32 32 Q Venture Capital GREEN & CLEAN TECH

33 Green 33 Double Whammy Green Tech Deals & Funding Hit Lows Q sees funding and deal levels drop 40% and 18% respectively from Q4 11 with both measures hitting five quarter lows. The absence of green tech mega deals hurt funding totals, but it s the drop in deal activity that is probably most worth tracking.

34 Green 34 Cali, Mass Dominate. Unusual Suspect, Illinois Enters Fray Cali remains the overwhelming leader in terms of Green Tech deals and dollars. Mass maintains its #2 spot. Lack of mega deals doesn t cause any wild gyrations among state funding shares. Illinois sees a diverse array of renewables and energy efficiency deals pushing them into green tech limelight. Quarter Highlights 56 deals $763M Top Deals SolarCity Joule Unlimited LanzaTech MiaSole Renmatix Top Cities San Mateo, CA 1 deals $81M Bedford, MA 1 deals $70M Roselle, IL 1 deals $56M Santa Clara, CA 1 deals $55M King of Prussia, PA 1 deals $50M San Jose, CA 3 deals $39M San Diego, CA 3 deals $38M Sunnyvale, CA 2 deals $34M Houston, TX 2 deals $32M Livermore, CA 1 deals $25M

35 Green 35 Cali, Mass Take Almost $7 of Every $10 Green Tech Dollars Besides Illinois ascent into deal and funding league tables, the rest of the share breakdowns by states for deals & funding are in line with historical averages.

36 Green 36 Early Stage Green Tech Deals Hit 5-Quarter Low After Q4 11 s early stage investment peak, Q1 12 sees early stage clean tech deal share fall of a cliff. Series C stage investments clean up on the funding front in Q1 12.

37 Green 37 Energy Efficiency Climbs to Five Quarter High on Deals Renewables retain top spot on deals and dollars, but energy efficiency technology continues to see strong deal activity.

38 Green 38 Green Tech Median Generally Declining With sector sentiment remaining mixed, median values across different stages all decline as compared to Q

39 39 Q Venture Capital CALIFORNIA

40 40 What Smart Investors, Bankers and Wealth Managers Use to Get Ahead With CB Insights you can access deep private company info that was once exclusively available behind prohibitively expensive paywalls. CB Insights is accessible for free by visiting 82,000+ Private Company Profiles. Over 82,000 high value private company profiles across industries and sectors. Medical devices to mobile. Industrial to internet. From Angel to Private Equity. Angel investment to venture capital to private equity to government funding to under the radar mid-market private companies. Company & Investor Updates via . Add companies and investors of interest to your CBI Watchlist and get notified of changes and updates automatically. Management & Board Information Find out about the people behind the companies including management and board of directors profiles. Analytics & Reporting Downloadable reports and analytics which allow you to manipulate data when and how you want to. Coverage Universe Venture Capital 1999 to present Angel Investment Private Equity Federal SBIR Grants 3 years State Grant Programs Incubators Over 300 Middle Market Private Companies Sector Coverage Green/clean tech Internet Mobile & Telecom Software Energy & Utilities Computer Hardware & Services Healthcare Industrial Automotive & Transportation Business Products & Services Consumer Products & Services Electronics Environmental Services & Equipment Financial Services Food & Beverages Leisure Media Metals & Mining Retail Risk & Security

41 California 41 What s Wrong With This Picture? Cali Stumbles California s funding level drops 26% versus Q and 27% versus a year ago, leading the precipitous drop in overall venture funding experienced in Q1. On the bright side, deal volume remains strong.

42 California 42 Lack of Mega-Deals Responsible for Q1 Cali Flop Whereas Q saw 4 deals of at least $100M each in California, The Golden State s largest deal this quarter is Yammer at $85 million. Quarter Highlights 309 deals $2,857M Top Sector # of Deals Internet $ of Funding Internet Top Deals Yammer SolarCity Sientra Appirio MiaSole Top Cities San Francisco 64 deals $555M Mountain View 26 deals $315M San Mateo 12 deals $189M Redwood City 11 deals $158M San Diego 12 deals $146M San Jose 15 deals $143M Santa Clara 8 deals $142M Palo Alto 30 deals $138M Santa Monica 8 deals $110M Sunnyvale 12 deals $95M

43 California 43 Healthcare & Internet Combine for Nearly 60% of Funding Healthcare loses a bit of share in terms of both deals and dollars, but overall Internet and Healthcare continue to hold the two top spots in California in terms of venture funding.

44 California 44 Seed Continues to Grow Share of Deal Volume in Cali Overall early stage sees a bump in share of deal volume as Seed grabs 17% of overall dealflow in California. In terms of funding, however, later stage deals continue to exert pressure, with Series C and beyond taking two thirds of funding.

45 45 Q Venture Capital MASSACHUSETTS

46 Massachusetts 46 Mass Continues Roller Coaster Ride, This Time Down Turmoil in Boston isn t isolated to the Red Sox as Massachusetts experiences a 5- quarter low in terms of both VC deals and dollars.

47 Massachusetts 47 Healthcare Continues Dominance in Mass, Internet #2 Healthcare and Internet continue their hold on the top two spots in terms of both deals and dollars. Energy is a convincing #3 in terms of funding. Quarter Highlights 76 deals $650M Top Sector # of Deals Healthcare $ of Funding - Healthcare Top Deals Warp Drive Bio Joule Unlimited Mevion Medical Systems Neolane RaNA Therapeutics Top Cities Boston 12 deals $166M Waltham 10 deals $88M Cambridge 14 deals $78M Bedford 3 deals $77M Littleton 1 deals $45M Newton 2 deals $28M Lexington 3 deals $25M Medford 1 deals $20M Winchester 1 deals $15M Woburn 1 deals $15M

48 Massachusetts 48 Overall Dip in Mass Doesn t Affect the Mix Deal and dollar distribution in Massachusetts remains largely unchanged since Q4 2011, with Healthcare and Internet remaining atop the board.

49 Massachusetts 49 Seed Deals Rally, but Overall Early Stage Loses Ground Seed takes 16% over overall deal flow in Massachusetts, but overall early stage (Seed + Series A) dips dramatically since Q4 in terms of funding.

50 50 Q Venture Capital NEW YORK

51 New York 51 NY Hits Five Quarter Funding Low; Deals Stay Strong NY funding falls 41% vs. Q4 11 and 25% vs. Q1 11 while VC deals actually climb 11% sequentially and 13% quarter-over-quarter.

52 52 Get Started for Free with CB Insights Basic membership on CB Insights is free. Just visit Or connect with us via any of the following. Twitter Follow Newsletter Click here to receive our weekly dealflow newsletter. Telephone

53 New York 53 Internet Still Rules, but Mobile and Healthcare Show Life Internet continues to command the lion s share of deals and dollars, but Mobile deals register volume and Financial consumes serious dollars in Q1. Quarter Highlights 81 deals $335M Top Sector # of Deals Internet $ of Funding - Internet Top Deals Capital Access Network Aereo KEMP Technologies Buzzfeed Peek Top Cities New York 66 deals $243M Scarsdale 1 deals $30M Long Island City 2 deals $22M Yaphank 1 deals $16M Ithaca 1 deals $6M

54 New York 54 Internet and Mobile are 82% of Deals and 67% of Funding Internet deals jump back in Q1 12. When aggregated with mobile and other tech investments, it is clear that NY s VC ecosystem future is tethered to the fate of tech.

55 New York 55 NY Early Stage Investments Jump Even More Following Q4 11 s strong early stage performance, Q1 12 sees 63% of deals going to Seed and Series A transactions. NY s presence as an early stage investment hub continues to grow.

56 56 Q Venture Capital WASHINGTON

57 Washington 57 Washington Bucks the Trend, Sees 5-Quarter Funding High Washington fights off the national swoon, and instead experiences a five-quarter high with $206 million in VC funding. Deal volume also sees an uptick since Q4.

58 Washington 58 Mobile & Telecom Jumps to #2 Spot in Washington Internet and Healthcare, which traditionally occupy the top two spots are joined by Mobile & Telecom which sees a strong quarter. Quarter Highlights 28 deals $206M Top Sector # of Deals Internet $ of Funding - Internet Top Deals CrowdStrike Opscode Spoken Communications FinSphere Meteor Entertainment Top Cities Bellevue 6 deals $89M Seattle 16 deals $78M Kirkland 1 deals $26M Liberty Lake 1 deals $5M Issaquah 1 deals $3M Olympia 1 deals $3M

59 Washington 59 Healthcare Loses Ground to Internet and Mobile & Telecom Healthcare, which experienced an incredibly strong Q in Washington, comes back to earth as Mobile & Telecom grabs the #2 spot in terms of deals and dollars.

60 Washington 60 Early Stage Investing Inches Backward, but Remains Strong Seed and Series A lose a bit of ground, but still combine for over 50% of overall deal volume and 33% of funding in Washington.

61 61 Q Venture Capital TEXAS

62 Texas 62 Funding Falls, but Overall Texas See a Strong Quarter Deal volume in Texas experiences a five-quarter high, while funding dips, but remains strong.

63 Texas 63 Healthcare Grabs Texas Top Spot The merry-go-round continues in Texas with Healthcare owning the top spot this quarter in terms of both deals and dollars. Quarter Highlights 39 deals $336M Top Sector # of Deals Internet $ of Funding Healthcare Top Deals Apollo Endosurgery Kinnser Software Pivot 3 Bellicum Pharmaceuticals Glori Energy Top Cities Austin 21 deals $201M Houston 8 deals $88M San Antonio 3 deals $22M Fort Worth 1 deals $10M Richardson 1 deals $6M Anna 1 deals $4M Dallas 1 deals $3M McKinney 1 deals $1M Plano 1 deals $1M El Paso 1 deals $1M

64 Texas 64 Energy Registers Another Relatively Week Quarter Texas, a state traditionally known as a hotbed for Energy investment, sees an incredibly diverse quarter with Healthcare and Internet leading the way.

65 Texas 65 Seed Continues to Gain Ground in Texas Seed VC deal volume sees five-quarter high with 11% of overall deal volume. However, Series A share of volume dips, netting overall drop in early stage deal share.

66 66 Definitions Ensuring Data Integrity What s Included in our Quarterly Venture Capital Numbers? What is not? Given the importance of venture capital in spurring innovation and entrepreneurship, measuring venture capital activity accurately is important. We encourage you to review the methodology and definitions employed by us to better understand the numbers presented in this report. If you have any questions about our definitions or methodological principles, we encourage you to reach out to us directly. What is included? Equity financings into emerging companies. Funding must come from venture capital firms including corporate venture groups. Fundings of only private companies. Public companies of any kind on any exchange (including Pink Sheets) are excluded from our numbers even if they received investment by a venture firm(s) Companies must be headquartered in the USA. Our geographic data is based on the city and state where the company receiving investment is headquartered. If a company has a satellite office/presence in multiple cities or was founded in a particular city but has moved its HQ, our results reflect only this HQ address. Only include the investment made in the quarter for tranched investments. If a company does a second closing of its Series B round for $5M and previously had closed $2M in a prior quarter, only the $5M is reflected in our results. Round #s reflect what has closed not what is intended. If a company indicates the closing of $5M out of a desired raise of $15M, our numbers reflect only the amount which has closed. Only verifiable fundings are included. Fundings are verified via (1) various federal & state regulatory filings (2) direct confirmation with firm or investor or (3) press release. Funding close date matters. Fundings are provided based on funding close date and not on announcement date. What is excluded? Angel investment. These are not included in numbers unless an investment round included Angels investing alongside a venture capital firm or corporate venture group. No contingent funding. If a company receives a commitment for $20M subject to hitting certain milestones but first gets $8M, only the $8M is included in our data. No business development/r&d arrangements whether transferable into equity now, later or never. If a company signs a $300M R&D partnership with a larger corporation, this is not equity financing nor is it from venture capital firms. As a result, it is not included. Buyouts, Consolidations and Recapitalizations. All three of these of transaction types are commonly employed by private equity firms and are tracked by CB Insights. However, they are excluded for the purposes of this report. Private equity investments into companies which may have received venture capital investment prior are also not included. Private placements. These investments also known as PIPEs (Private Investment in Public Equities) even if made by a venture capital firm(s) are not included. Debt/loans of any kind. Venture debt or any kind of debt/loan issued to emerging, startup companies even if included as an additional part of an equity financing is not included. If a company receives $3M with $2M from venture investors and $1M in debt, only the $2M is included in these statistics. Government funding. Grants, loans, equity financings by the federal government, state agencies or public-private partnerships to emerging, startup companies are not included. Strictly venture or corporate venture outfits. Incubator investments. Investments of money as equity or debt and/or services by incubators are not included. Strategic corporate investments. Corporations making strategic investments in companies but not as part of a specific organized venture group are not included.

67 67 What Smart Investors, Bankers and Wealth Managers Use to Get Ahead With CB Insights you can access deep private company info that was once exclusively available behind prohibitively expensive paywalls. CB Insights is accessible for free by visiting 82,000+ Private Company Profiles. Over 82,000 high value private company profiles across industries and sectors. Medical devices to mobile. Industrial to internet. From Angel to Private Equity. Angel investment to venture capital to private equity to government funding to under the radar mid-market private companies. Company & Investor Updates via . Add companies and investors of interest to your CBI Watchlist and get notified of changes and updates automatically. Management & Board Information Find out about the people behind the companies including management and board of directors profiles. Analytics & Reporting Downloadable reports and analytics which allow you to manipulate data when and how you want to. Coverage Universe Venture Capital 1999 to present Angel Investment Private Equity Federal SBIR Grants 3 years State Grant Programs Incubators Over 300 Middle Market Private Companies Sector Coverage Green/clean tech Internet Mobile & Telecom Software Energy & Utilities Computer Hardware & Services Healthcare Industrial Automotive & Transportation Business Products & Services Consumer Products & Services Electronics Environmental Services & Equipment Financial Services Food & Beverages Leisure Media Metals & Mining Retail Risk & Security

68 68 Get Started for Free with CB Insights Basic membership on CB Insights is free. Just visit Or connect with us via any of the following. Twitter Follow Newsletter Click here to receive our weekly dealflow newsletter. Telephone