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Jul 20

This is sort of good news: Dow Jones VentureSource says venture capital investment recovered somewhat from its dismal downturn at the beginning of the year.

Venture capitalists invested $5.27 billion in 595 deals during the second quarter of 2009. That’s way up from $4 billion in the first quarter, which was also the lowest quarter since 1998. But it’s still way down from the second quarter a year ago, $8.33 billion in Q2 of ‘08.

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