DC-area firms raised $330M in Q1, a 14-year high

The regional technology industry has good reasons to be chirpy this year: this quarter has been one of the strongest in recent history.
Here are some investment stats on the District and the broader D.C. metro region including West Virginia, Virginia and Maryland from the quarterly “MoneyTree Report” produced by PricewaterhouseCoopers LLP and the National Venture Capital Association, with Thomson Reuters data:

• The D.C. region raised $329.9 million in the first quarter, the highest amount since 2001.
• D.C. itself saw six deals worth a total of $61 million, almost three times more than last year.
• In the region, $220 million was invested in software companies, $56 million in biotech and $16 million in the industrial/energy industry.
• In the D.C. metro area, not a dime from VCs was invested in a seed-stage round in Q1.

The top 10 investments were made in:

1. Reston, Va.-based Sciencelogic ($43 million)
2. Chantilly, Va.-based Advance Health ($40 million)
3. D.C.-based Regenxbio ($27.5 million)
4. Gaithersburg-based Vtesse ($25 million)
5. Herndon-based Basho Technologies ($25 million)
6. Baltimore-based Lookingglass Cyber Solutions ($20 million)
7. Bowie-based SemaConnect ($16 million)
8. Herndon-based Specialists On Call ($13.5 million)
9. Leesburg-based PhishMe ($13 million)
10. D.C.-based Kit Check ($12 million)