Last year we published our first Seed Financing Survey in recognition of the growing importance of seed financing to entrepreneurs and the venture capital environment, especially in the internet/digital media and software industries.

This is our second such survey. In addition to providing information for 2011, this survey also offers comparative information with 2010 to facilitate the identification of trends.

The information contained in this survey is based on 56 transactions in 2011 and 52 in 2010. The vast majority of these transactions were for companies based in Silicon Valley, with some from the Seattle and Los Angeles regions.

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