The Numbers -

Venture financing activity in New England increased modestly in the fourth quarter of 2014, with Seed and B/Later round activity increasing by 40% and 26%, respectively, over Q3 2014. For the second consecutive quarter, Series A activity was down, reflecting a 20% decrease from Q3 to Q4, despite an overall increase of 11% in venture financings in the aggregate over the same period.

In addition, the trends observed in Q4 2014 were representative of those observed for 2014 as a whole: Seed and B/ Later round activity increased from 2013 to 2014 (25% for Seed rounds; 6% for B/Later rounds), and A rounds decreased over the same period (by 9%). Similarly, venture financing activity in New England in 2014 increased across all rounds by 3% over the previous year.