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We're number 5: D.C.'s place in the world of venture capitalism

Tuesday - 1/21/2014, 10:33am  ET

Last week, we drilled down into the $1.5 billion the D.C. region raised in venture capital in 2013 (the highest mark in 12 years) as well as the $313 million the region raised in fourth quarter VC. Both figures come from the MoneyTree report published by PricewaterhouseCoopers LLP and the National Venture Capital Association.

But how did we do compare to other regions?

D.C., it turns out, ranks fifth, after Silicon Valley ($12.1 billion), New England ($3.3 billion), New York ($3.2 billion) and L.A./Orange County ($1.8 billion).

On the bright side, the Washington area showed the most robust improvement of those five regions, roughly doubling its haul from the prior year.

© 2014 American City Business Journals, Inc.