North Carolina is bucking the national venture capital trend – and an updated look at new data pushes the state’s total even higher.

The first Venture Monitor report from the National Venture Capital Association and PitchBook has some good news for North Carolina: Another $100 million-plus quarter.

That’s eight in a row for entrepreneurial companies in N.C.

The revised third quarter total for 36 deals is $168.4 million. That’s $36 million more than we reported earlier.

WRAL TechWire had asked for a further review of the data when some numbers didn’t add up.

The NVCA shifted from a near two decade partnership with Thomson Reuters and PricewaterhouseCoopers’ Moneytree report to PitchBook beginning with this report. So differences in data are to be expected. We’re still checking with the NVCA to get the final deal totals.

Whatever the final tally shows, N.C. funding climbed from $124.1 million and 16 deals in the second quarter, based on Moneytree data.

Nationally, however, the number of deals declined for the fifth consecutive quarter.

Still, nearly 2,000 investors poured nearly $15 billion into some 1,800 companies, and 2016 continues to see deals done similar to 2015 which was the best year since the “dot com” boom.

“While venture investment activity is moderating a bit, venture investors remain very active supporting the growth of great companies that will define the future of our economy,” said Bobby Franklin, resident and CEO of NVCA, about the report.

“This track record of success is fueling the recent surge in fundraising as limited partners seek out new entry points to get in on the ground floor of innovation and serves as an important validation of the critical role venture plays in driving new company formation. With the recent tech IPOs of Twilio and Nutanix showing positive signs, we are hopeful the IPO market is beginning to thaw so that limited partners can redeploy that capital and sustain this positive fundraising momentum.”

Triangle deals

The Venture Monitor report noted 14 deals in the third quarter worth $17.5 million took place in the Raleigh-Cary metro area.

Its tally for recent quarters:

3Q 2016: 14 deals, $17.5 million

2Q 2016: 17, deals $110 million

1Q 2016: 5 deals, $26.6 million

Overall, North Carolina ranked 11th in deals with 36, falling from seventh in the previous quarter as reported by Moneytree.