Biotech and Software Sectors Continue to Lead Business Segments in Private Capital Investment According to Dow Jones VentureWire.Business Editors NEW YORK--(BUSINESS WIRE)--Oct. 6, 2003 Private equity is on par with first half of year VentureWire, published by Dow Jones Dow Jones the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202] See : Finance Newsletters, today announced that preliminary totals of venture capital investment in the U.S. was $3.6 billion for the third-quarter of 2003. The biotech bi·o·tech n. Informal Biotechnology. biotech Noun short for biotechnology Noun 1. and software sectors continue to receive the most private capital than any other business segments. Third-quarter results were compiled based on daily investment totals reported by VentureWire. The data provides an early view of venture capital investment trends in the quarter. Final investment numbers for the quarter will be available later this month, after the completion of an additional survey of venture capital investors. This survey typically yields an additional 10%-20% in venture capital investment, when the final numbers are tallied. "The biotech and software industries continue to receive the most financing than any other sector," said Ken Andersen, managing editor of VentureWire. "The third-quarter data shows an investment pace on par with the first half of the year." A total of 326 private venture capital financings To start an own company or to bring a new product to the market, the venture may need to attract financial funding. There are several categories of financing possibilities. If it is a small venture, then perhaps the venture can rely on family funding, loans from friends , based in the U.S., have awarded a preliminary $3.6 billion over the past three months. In the second quarter of 2003, venture-backed companies raised $4.0 billion through 502 financings. In the third quarter period, one-year ago, 476 companies raised $4.1 billion. Following the pattern of the last three quarters, biotechnology attracted significantly more venture capital investment than any other sector, with 39 companies raising $911.5 million. The second-place sector, enterprise software, had more deals, with 52 companies raising funds, but the total capital raised was much less at $325 million. Semiconductor start-ups also had a strong quarter, with 26 companies raising $323 million. Intel Capital was the most active venture investor in the third quarter, with 11 announced deals. New Enterprise Associates, Greylock and Matrix Partners each participated in nine venture investments. Overall, 30 venture firms made at least five investments in the third quarter. "Despite the traditional slow-down in the summer quarter, investors turned in a solid performance in the third quarter," said Andersen. "This bodes well for a strong finish to the year and sets the stage for growth in 2004." About VentureWire VentureWire (www.venturewire.com), a service of Dow Jones Newsletters (www.djnewsletters.com), produces online newsletters and events focusing on the high-tech startup, venture capital and technology industries. The group is a part of Dow Jones Newswires Dow Jones Newswires is the real-time financial news organization owned by Dow Jones. Founded in 1882, its primary competitors are Bloomberg L.P. and Reuters. The company reports more than 420,000 subscribers -- including brokers, traders, analysts and fund managers -- as of July (www.djnewswires.com), which provides real-time 1. real-time - Describes an application which requires a program to respond to stimuli within some small upper limit of response time (typically milli- or microseconds). Process control at a chemical plant is the classic example. news for financial professionals in the equities, fixed-income, foreign exchange and energy markets, and also offers news for financial firms' Web sites. In addition to Dow Jones Newswires, Dow Jones & Company (NYSE NYSE See: New York Stock Exchange : DJ; www.dowjones.com) publishes The Wall Street Journal and its international and online editions, Barron's and the Far Eastern Economic Review, Dow Jones Indexes and the Ottaway group of community newspapers. Dow Jones is co-owner with Reuters Reuters British cooperative news agency. Founded in 1851 by Paul Julius Reuter, it was initially concerned with commercial news but began to serve a growing newspaper clientele after the London Morning Advertiser subscribed in 1858. Group of Factiva, with Hearst of SmartMoney and with NBC NBC in full National Broadcasting Co. Major U.S. commercial broadcasting company. It was formed in 1926 by RCA Corp., General Electric Co. 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