The venture capital market bounced back from a dreadful first quarter, but investments in Southern California were still sluggish in the second three months of this year, according to new report.

Nationwide, investors put $5.27 billion into start-ups in the second quarter, up 32 percent from the first quarter, according to Dow Jones VentureSource. Southern California attracted $433 million in venture investment in the quarter, down 59 percent from the same period last year. And in Los Angeles, venture capitalists invested $111 million, down 34 percent from the first quarter and 74% from the same period last year.

For the first time since Dow Jones started keeping track in 1992, investment in the healthcare sector outpaced investment in information technology. Venture capitalists put $2.23 billion into healthcare deals in the second quarter while investing $1.88 billion in information technology.

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