US startup community secures $48.3bn in venture capital over 2014.

Venture capital deals in the US reached $48.3bn over 4,356 deals in 2014, an increase of 61% in value and 4% in number of deals from 2013, in a volume of dealflow unseen since the 2000 dot com crash.

The news came via The Money Tree report, produced by PricewaterhouseCoopers and the National Venture Capital Association, based on data from news provider Thompson Reuters.

Internet-based companies alone secured $11.9bn, marking the largest investment into the sector since 2000, with…