Seed Financing Survey 2012
Internet/Digital Media and Software Industries
Background
In early 2011 we published our first Seed Financing Survey (for
2010) in recognition of the growing importance of seed financing to
entrepreneurs and the venture capital environment, especially in
the internet/digital media and software industries.
This is the third such survey. In addition to providing
information for 2012, this survey also offers comparative
information with 2011 and 2010 to facilitate the identification of
trends.
The information contained in this survey is based on 61
transactions in 2012, 56 transactions in 2011 and 52 in 2010. The
vast majority of these transactions were for companies based in
Silicon Valley, with some from the Seattle, Los Angeles and New
York regions. Most of these transactions are those in which our
firm was involved, and we believe is representative of transactions
handled by large Silicon Valley law firms, but may not
