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Funding for Triangle startups hits 15-year low

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Venture capital funding for Triangle startups hit a 15-year low in 2012, although the numbers increased in the second half of the year.

According to a report from accounting firm PricewaterhouseCoopers and the National Venture Capital Association, Triangle companies raised $11.8 million in the first quarter of 2012 compared to $53.6 million in the fourth quarter.

Read David Ranii's story here.

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About the blogger

Jessaca started working at The News & Observer in 1994, and is the Shop Talk Editor. She can be reached at jmgiglio@newsobserver.com. You can follow Shop Talk on Twitter at @shoptalk_nando.
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