The Numbers -

Venture financing activity in New England decreased modestly in the first quarter of 2015 (-12%) with Seed and B/ Later round activity each decreasing by roughly 20% over Q4 2014. Despite this overall downward trend, Series A transactions in Q1 2015 were up 15% over Q4, following two consecutive quarters of decreased activity.

Set forth below are more detailed analysis and commentary regarding the information reported in the various tables throughout this issue of Venture Perspectives.