Report: Valuations Up In Q3

The latest venture capital survey from Fenwick & West finds that valuations increased in Q3, according to a study of financing for 103 technology and life sciences companies headquartered in the greater Silicon Valley/San Francisco Area. Fenwick & West said that its Third Quarter 2009 Silicon Valley Venture Capital Survey found up rounds exceeded down rounds 41% to 36%, the first quarter in 2009 where up rounds outranked down rounds.