Washington, D.C. – Venture capitalists invested $29.4 billion in 3,813 deals in 2007 — marking the highest yearly investment total since 2001 — according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Financial. The total invested in 2007 represents a 10.8 percent increase in dollars and a five percent increase in deal volume over 2006. Investments in the fourth quarter of 2007 totaled $7.0 billion in 963 deals, marking the fourth straight quarter with investments totaling more than $7 billion - a phenomenon not seen since 2001.