Mega-deal propels region to another massive quarter for venture capital

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EverFi’s massive $190 million funding round boosted Greater Washington to yet another stellar quarter for venture capital and helped the region keep pace with a national bump in fundraising. Venture-backed companies in the D.C. area raised about $435 million across 51 deals, the best second quarter in recent memory and up from $240.4 million raised a year ago, according to data from the PitchBook-NVCA Venture Monitor quarterly report. That puts the region’s total fundraising for the year so...

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