Washington state is once again climbing into the top echelon when it comes to venture capital investing, ranking fifth in the dollars invested and sixth in deals, according to a report out today from DowJones Venture Source.

Twenty seven companies in the state attracted $164 million during the quarter, ranking behind New York, Texas, Massachusetts and California. That was up from $147 million for the first quarter of 2011.

Historically, Washington state has ranked right around the fifth or sixth spot. However, during the fourth quarter of 2011, it slipped to the 8th slot, according to a separate report.

Nationally, venture capital investments declined 18 percent, with the declines spread evenly across different industries. The median amount invested in a venture-backed company also fell 13 percent to $4 million.

A separate report released Thursday night by the National Venture Capital Association and PricewaterhouseCoopers found that 25 companies in the state raised $167 million during the first quarter, marking a significant uptick from the previous quarter and the same period last year. Nearly a third of the capital was included in one deal, the $50 million blockbuster round for Bellevue-based Apptio.

Here’s a look at the deals tracked in Washington state from the NVCA’s MoneyTree report.

Previously on GeekWireVC cash perks up in Seattle, countering national declines


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