After rising in 2011, U.S. venture capital investment fell 15% last year as firms put less money into consumer Internet, renewable energy and health-care companies. Software saw an upswing. Overall, investors deployed $29.7 billion into 3,363 financings for U.S.-based venture-backed companies, according to Dow Jones VentureSource. Deals fell 4% from the prior year, much less than investment as VCs gave companies less money in financing round classes from seed to later stage.
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