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U.S. States Which Saw Maximum VC Deals
By siliconindia
Massachusetts
Massachusetts saw a total of $3.53 billion invested across 350 deals in 2011. Though it was behind New York in the first three quarters on 2011, aggressive investments in the health-care sector pushed Massachusetts to the second spot. Few of the top deals include Ash Ashutosh founded Actifio which raised $33.5 million in series C, Vinay Seth Motha co-founded Kyruus which raised $5.5 million in series A, and Niraj Shah co-founded CSN Stores which raised $165 million in series A. The sectors which saw the majority of the deal flows include healthcare, followed by internet, software and mobile & telecommunications. The seed and series A funds grabbed 42 percent of the total deals, followed by series B.
