Nev. firms rake in venture capital money

By Daniel Rothberg, Las Vegas Sun

Venture-backed companies headquartered in Nevada raised more than $18 million in five financing deals during the first three quarters of 2015, according to a Dow Jones VentureSource analysis released Thursday.

The amount falls about $4 million short of investment at this point last year and is low in comparison to other startup-heavy states, such as California, New York and Massachusetts. Companies raised more than $5 billion in each of those states in the first three quarters of 2015.

Because of confidentiality agreements, VentureSource could not release the names of all the Nevada firms that received venture capital. But a spokesperson was able to confirm the names of two companies.

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