bing track

Florida’s venture capital investments fell in 2015

Florida saw 58 venture capital and angel deals worth $460.7 million during 2015, which paled compared with the 44 deals worth $864.9 million in 2014, according to a MoneyTree Report released Friday. But 2014 numbers included the extraordinary Google-led investment of $542 million in Magic Leap, now in Plantation. In South Florida, the big investment deals this year included $50 million for Sunrise telehealth company MDLIVE, $38 million for electronic medical records software company Modernizing Medicine in Boca Raton, $22.9 million for Dania Beach-based Orthosensor, an orthopedic medical device maker; and $22 million for Bidtellect in Delray Beach, where where advertisers compete for online space in real-time bidding.

Source: Sun Sentinel
By: Marcia Heroux Pounds on in News