Venture Capital Invested in 2004 adjusted to 2007

Rank	State	Fips Code	Adj. Value
1	California	06000	11,242,007,177
2	Massachusetts	25000	3,364,803,174
3	Texas	48000	1,256,586,975
4	New Jersey	34000	1,093,582,892
5	Washington	53000	920,746,819
6	New York	36000	839,719,625
7	Pennsylvania	42000	649,118,962
8	Maryland	24000	641,422,634
9	Georgia	13000	555,517,141
10	Colorado	08000	481,913,021
11	Minnesota	27000	427,823,852
12	Florida	12000	411,198,919
13	North Carolina	37000	370,537,392
14	Virginia	51000	327,849,394
15	Illinois	17000	256,061,152
16	Utah	49000	249,145,299
17	Connecticut	09000	215,030,238
18	New Hampshire	33000	148,778,738
19	Oregon	41000	147,774,282
20	Michigan	26000	142,207,910
21	Tennessee	47000	94,407,646
22	District of Columbia	11000	88,017,341
23	Arizona	04000	77,548,966
24	Indiana	18000	73,800,775
25	Oklahoma	40000	70,125,343
26	Ohio	39000	63,846,315
27	Wisconsin	55000	62,626,987
28	Kentucky	21000	52,439,438
29	Rhode Island	44000	49,822,234
30	Kansas	20000	47,717,629
31	Nevada	32000	41,701,429
32	Missouri	29000	31,843,431
33	Alabama	01000	28,559,992
34	New Mexico	35000	26,392,505
35	Hawaii	15000	15,023,489
36	South Carolina	45000	14,886,313
37	Maine	23000	13,168,982
38	Iowa	19000	11,559,088
39	West Virginia	54000	6,364,955
40	Vermont	50000	5,596,771
41	Mississippi	28000	5,346,562
42	Arkansas	05000	4,060,402
43	Louisiana	22000	3,500,725
44	Idaho	16000	2,743,515
45	Delaware	10000	2,326,501
46	North Dakota	38000	2,194,812
47	South Dakota	46000	2,085,071
48	Wyoming	56000	1,646,109
49	Nebraska	31000	229,577
50	Alaska	02000	0
50	Montana	30000	0
Source: PricewaterhouseCoopers/National Venture Capital Association MoneyTree Report(tm) based on data from Thomson Financial

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States IN Profile provides current federal statistics on a variety of demographic and economic indicators. Read "About the Profile" for the best understanding of the data, ranks and computations. This profile is produced by STATS Indiana, a web service of the Indiana Business Research Center at the Indiana University Kelley School of Business. Major support for this effort is provided by the State of Indiana through the Indiana Department of Workforce Development. Updated: July 15, 2008 at 08:15