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Florida still has 'anemic' share of venture capital investment, but it's growing

Florida still draws an "anemic" share of venture capital investment, but the raw amount invested has been trending up, according to a report released Thursday.

An analysis by InternetCoast said there were 50 venture capital transactions valued at $422 million in Florida in the 12-month period ended June 30. That's up from 45 transactions worth $256 million during the period ending in mid 2013.

Despite the growth, Florida's share of U.S. venture capital funding was a mere 1.1 percent, up from 1 percent a year earlier.

Florida still has 'anemic' share of venture capital investment, but it's growing 07/31/14 [Last modified: Thursday, July 31, 2014 5:03pm]

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