Baltimore-area companies lead Maryland venture capital investment in 1Q

Baltimore-area companies accounted for eight of the 10 biggest venture capital deals in the state during the first quarter of 2016. Maryland companies raised a total of $109.8 million in 19 deals during the first quarter, up from $97 million invested in 14 deals the same quarter last year, according to a MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters. The amount invested in Maryland is up 13 percent and the number of deals…

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