Make us your home page
Instagram

Few Fla. firms got venture capital

Just 11 Florida companies got venture capital in the third quarter.

The weak economy does not help, as results show from the latest MoneyTree survey by PricewaterhouseCoopers and the National Venture Capital Association.

Florida companies took in only $54-million from venture investors in the third quarter. That's off 65 percent from the first quarter and one of its lowest totals this decade.

Florida fell to 17th among the states.

By comparison, top-ranked California posted more than $3.5-billion in the quarter, with 53 companies getting funds.

In the bay area, $500,100 went to Acclaris, Inc. of Tampa; $1.99-million to Skyway Software Inc. (known as Turtle Software, Inc.) of Tampa; and $2.33-million to Telovations Inc. of Tampa.

Few Fla. firms got venture capital 11/10/08 [Last modified: Thursday, November 4, 2010 9:29am]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Precinct Pizza to cover new neighborhood

    Business

    NEW TAMPA — In 2006, husband and wife, Rick and Jessica Drury opened up Precinct Pizza in Channelside.

    Precinct Pizza looks to gain greater popularity in New Tampa with its Bambino Bleu Cheese piazza. Photo courtesy of Precinct Pizza.
  2. Da Burger Joint's menu goes beyond 'da burger'

    Business

    OLDSMAR — After owning and operating restaurants in four different states, Danny Falcone recently opened his ninth restaurant in Oldsmar.

    The old-fashioned onion burger is a favorite at the Da Burger Joint in Oldsmar. Photo by Danielle Hauser.
  3. Vegan kitchen comes to Downtown Tampa

    Business

    Charles Rumph and Tim Fedorko's first attempt at launching a vegan restaurant concept in Tampa "was a disaster."

    Farmacy Vegan Kitchen + Bakery serves wraps, acai bowls, smoothies and juices and plant-based baked goods like strawberry cupcakes. Photo courtesy of Charles Rumph.
  4. Faedos bring tastes of Tampa back to a storefront

    Business

    Whether working out of a food truck or a brick and mortar, Michelle Faedo and her husband Robert have always served Tampanian cuisine.

    Michelle Faedo's husband Robert and her two daughters stand in front of their new restaurant, Michelle Faedo's Tampeno Cuisine. Photo courtesy of Michelle Faedo.
  5. 1 in 4 Florida adults aren't registered to vote, according to non-partisan group

    Legislature

    TALLAHASSEE — Five million people in Florida who are eligible to vote aren't registered, according to a nationwide non-partisan group that helps improve the accuracy of state voter rolls.

    Voters line up in front of the Coliseum Ballroom in St. Petersburg on Nov. 8. A non-partisan group estimates that more than a quarter of Florida's adult-age population isn't registered to vote. [SCOTT KEELER | Tampa Bay Times]