SEATTLE, July 11, 2019-- The second quarter of 2019 set a quarterly record with $138.3 billion in exit value, bringing total venture-backed exit activity through the first half of the year to $188.5 billion, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and the National Venture Capital Association (NVCA), with support from Silicon Valley Bank, Perkins Coie and Shareworks by Morgan Stanley. A flurry of highly anticipated tech IPOs drove exit value to already surpass every other annual exit total.