Maryland, Virginia and the District raised a collective $215.7 million in venture funding in the third quarter, slipping from the $245.7 million raised in the same period last year, according to PricewaterhouseCoopers LLP’s MoneyTree report.
The bulk of last quarter’s total came from six deals in the double-digit millions, led by the $50 million investment in Columbia, Md.-based Tenable Network Security Inc. by Accel Partners. The quarter saw a marginal boost from the three months prior, during which companies pulled in $206 million (or, $202 million, according to PWC’s updated data, which is sometimes revised slightly from quarter to quarter).
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