News Summary: Venture funding, deals decline in 3Q

ONE FACTOR: The period a year earlier preceded a slew of high-profile initial public offerings, which helped drum up excitement about other up-and-coming startups among venture capitalists.

PROJECTIONS: Investments for the first nine months of 2012 totaled $20 billion — below the $22.2 billion at the same point last year. This likely indicates that 2012 will fall short of last year both in dollar amounts and the number of deals, according to the report.