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VC investing nears $20bn

US venture capitalists invested $6.2bn (€5bn) in the third quarter taking the year-to-date total to a five-year high.

This was the third consecutive quarter over $6bn and took the year-to-date total to $19.2bn according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data by Thomson Financial. This year looks set to be the highest total since $40bn was invested in 2001.

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