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Dot-coms dominate state's record VC funding.(Oregon's venture capital)(Brief Article)

Business Journal-Portland

| February 18, 2000 | GOLDFIELD, ROBERT | COPYRIGHT 1985 Business Journal of Portland, Inc. (Hide copyright information)Copyright

Oregon companies reaped a staggering $209 million of venture capital in fourth-quarter 1999, more than four times the level of any other fiscal quarter in the history of the PricewaterhouseCoopers Money Tree Survey.

The Oregon figure echoes nationwide trends as venture-capital funds, greater in number and size compared to just a few years ago, embraced technology start-ups in general and internet ventures in particular. Combined, Portland internet retailers Cameraworld.com and 800.com received more than half of the VC funding.

Venture-capital investments in U.S. companies totaled $14.69 billion in the fourth quarter, more than the total for all of 1998 and four times what …

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