According to a report issued by Thomson Reuters and the National Venture Capital Association, 27 venture-backed IPOs raised $4.4 billion for the fourth quarter of 2014. This figure marks an 18 percent increase from the third quarter of ’14 as well as a 68 percent increase, in terms of dollars, versus the previous quarter.
Another very interesting finding: The fourth quarter of ’14 was the seventh consecutive quarter that had over 20 venture-backed IPOs, which hasn’t been seen since the fourth quarter of 2000.
Of the IPOs that launched in 2014, more than half of them were in the biotech sector.
During 2014, there were 115 venture-backed IPOs in the U.S.
To read the full release, visit here.