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the quarter. In the same quarter last year, VCs invested $232 million in 30 startups in Texas.
CB Insights also broke out data for certain states:
In California, CB Insights reports that venture firms invested slightly more than $2.6 billion in 271 companies. While the Golden State continues to dominate in terms of overall venture capital investments, funding during the quarter was 25 percent lower than the $3.4 billion that was invested in California during the same quarter in 2009.
In Massachusetts, CB Insights said $466 million was invested in 87 deals during the quarter. While the deal count remained relatively steady compared to recent quarters, venture capital invested was down by a third compared to the $689 million invested during the prior quarter and nearly 22 percent below the $596 million invested in the same quarter last year. Healthcare deals accounted for 37 percent of Massachusetts’ deal volume and 49 percent of the venture dollars invested.
In Washington State, $222 million was invested in 34 startups during the quarter, a nice rise over the $211 million invested in 25 startups during the prior quarter—and a 54 percent increase in capital invested during the same quarter last year, when $144 million was funneled into 21 companies. Healthcare accounted for 56 percent of the venture capital invested—and 29 percent of the deals in Washington during the quarter, while Internet companies brought in 38 percent of the deals and 26 percent of the dollars.
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