After a low first quarter of venture capital investments into Colorado startups, the money has picked back up again.
Venture capital investments in Colorado came in at $86.6 million in the second quarter of 2016 — up dramatically from the $44.5 million of the first quarter.
And that moves Colorado up to No. 9 in the country for the most amount of venture capital invested in the second quarter of 2016, according tothe MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data from Thomson Reuters Corp. The report was released early Friday.
"I was pleasantly surprised in Q2 total investments coming in at [$86 million]," said Rob Ward, audit partner at PwC in Denver. "We are still not back to what we saw in 2014 and 2015 on a quarterly basis."
Read more from the Denver Business Journal: http://bizj.us/1ndejw.