VC investments totaled $29.4 billion in 2007, up 10.4 percent since last year, marking the highest annual total since 2001, according to a report from the National Venture Capital Association and PwC MoneyTree. Internet-specific investments hit $4.6 billion, up 12 percent from last year’s $4.12 billion. The number of deals came to 748, for an 8 percent increase. Media investments came to $1.87 billion, up 10 percent from last year’s $1.7 billion. Deal volume grew 7 percent to 340. In the fourth quarter, the value of media deals actually fell by 8 percent, according to the report, from $444 million, to $407 million—it’s probably too early to say whether that’s a blip or the beginning of a trend.

SEE ALSO: Online Reference Site HowStuffWorks Receives $75 Million

Online one media or internet deal makes it onto the top 15: The $75 million raised by HowStuffWorks, since acquired by Discovery. And clocking in at #3… $107 million for MVNO Amp’d Mobile in March, made just a few months before it declared bankruptcy.