Failing to make any significant rebound, device financing – which totaled $1.6bn for the first quarter of 2019 – increased only 7% from Q4 2018's $1.5bn aggregate, which was the lowest quarter of last year. The group bringing in the most during Q1 was again (as in Q4 2018) late-stage venture rounds, which accounted for 36% of the total at $566m. Just behind late-stage venture rounds were debt financings, which reached $515m, or 33% of the quarter's dollars. (See Exhibit 1.)
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