Second-Round Valuations Soar 70 Percent From 2005 (LocalTechWire.com)

"The value rose to $23 million in the second quarter of this year, according to the latest statistics compiled by Dow Jones VentureOne. That’s the best since the fourth quarter of 2000 - at the height of the dot-com and telecommunications investment frenzy – when the median value reached $29 million.

The $23 million median average is an increase of $7 million, or 70 percent, from the same time period in 2005. The increase in second- and later-round deals especially in healthcare and information technology is driving the increased valuations as more investors see opportunities for profitable exits increasing, according to Dow Jones VentureOne."