Internet VC funding in Mass. rises

Boston and the internet both made significant moves last quarter, at least in the world of VC funding.

More Boston companies raised venture capital funds than Cambridge last quarter, 32 companies compared to 17 in Cambridge, according to a report from CB Insights. Still, those 17 Cambridge companies raised $260 million, more than Boston's $204 million.

Also last quarter, internet companies raised more money than healthcare companies for the first time in five quarters.

VC money in Massachusetts rose 50 percent last quarter compared to a year ago, but dropped slightly from the last quarter of 2013. Top deals last quarter included $100 million for ActiFio and $45 million for Voyager Therapeutics.

The share of seed funding for small companies fell for the second straight quarter after a massive third quarter of 2013.

E-commerce company Wayfair raised $157 million in January, but was not included in the report because the investors were not venture capital firms.

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