PitchBook released its July snapshot this week. Key indicators included:
- The global IT sector accounted for 46% of deal flow in the month.
- About 670 investors participated in at least one financing during the month.
- Twenty VC funds closed last month, totaling almost $3.5 billion in capital commitments.
- There were 127 exits during the month, 80% of which were acquisitions.
Other notable exits included several healthcare IPOs, including ProNAi Therapeutics, Neos Therapeutics, and ConforMIS.
To read the PitchBook July Snapshot, click here.
For more on the PitchBook CTC member benefit, click here.