Orange County entrepreneurs received more than $529 million in venture capital spread across 12 deals in the fourth quarter, said Dow Jones VentureSource.
The amount equals about 48% of all VC investments locally for the year, which totaled $1.1 billion.
Five healthcare deals in the quarter received about $340 million—about two-thirds of the total raised—with two biopharmaceuticals deals getting $287 million. The sector received some $547 million in venture capital backing for the full year—half the total raised.
Technology companies received $130 million for the quarter and $209 million for the year.
The remaining funds for the quarter were split among consumer services and business services.
