Venture investors made bigger bets on a smaller number of startups in the Bay Area again in the first quarter.
The $11.9 billion invested in the first three months of 2018 in the region was the second highest amount in more than a decade, according to a report from PitchBook Data and the National Venture Capital Association. But the number of deals in the region dropped to 404, the lowest level since 2010.
That's a 62 percent increase in funding, compared to last year's first quarter, despite a…
