Venture capital investment in U.S. declined 32% in Q3

Investors are backing away from venture capital deals in the U.S. Companies received $6.9 billion in venture capital investment in the third quarter, 32% less than in Q3 of 2011.

U.S. firms collected $6.9 billion in 820 venture capital deals during the third quarter of the year, a 32 percent drop in dollar value and 9 percent decline in number of deals compared with the same period last year, according to a Dow Jones VentureSource report released last week.

A venture capital roundup from PricewaterhouseCoopers and the National Venture Capital Association also released last week found similar trends.

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