Venture capital investments rebound in state
By Jason Bacaj
The Seattle Times
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Seattle metro area startups received $550.8 million in venture capital in the second quarter of this year — their highest amount of quarterly investment since late 2007, according to a report by Dow Jones VentureSource being released Saturday.
A $315 million investment in Liberty Dialysis, a health care services company on Mercer Island, inflated the number slightly, cautioned Tim Tasker, a venture capital expert with Ernst & Young.
Washington ranked third out of all states in terms of money raised, following California and Massachusetts, respectively, according to data from the Dow Jones VentureSource second-quarter report.