Raising venture funding is never easy, but it would seem that the industry as a whole is trending in a positive if more measured direction.
While there has been a slight increase in the amount of money that was invested in the first three months of 2017 compared to the last quarter of 2016, the number of companies that received funds hasn’t been this low since quarter four of 2011, according to PitchBook-Venture Monitor, a quarterly report.
“It’s easy to look at the numbers and assume the industry is starting to lose its footing, but we don’t think that’s the case,” said John Gabbert, founder and CEO of PitchBook, which along with National Venture Capital Association (NVCA) publishes the…