Wednesday, July 23, 2014





Report: Venture investments rose 17 pct in 3Q


October 18. 2013 12:36AM
Associated Press

Story Tools
PrintPrint | E-MailEMail | SaveSave | Hear Generate QR Code QR
Send to Kindle


(AP) A new report says funding for U.S. startups rose in the third quarter from year-ago levels, as venture capital firms invested more money into a larger number of deals.


Total investments in startups rose 17 percent to $7.78 billion from $6.63 billion in the July-September quarter of 2012. The number of deals rose 7 percent to 1,005 from 937.


The software industry accounted for the largest chunk of the funding at $3.57 billion, marking a 77 percent jump from a year ago. Software also accounted for the largest number of deals with 420.


Biotechnology came in a distant second place with $852.1 million funding 123 deals.


The MoneyTree study released Friday was conducted by PriceWaterHouseCoopers and the National Venture Capital Association, based on data from Thomson Reuters.


Associated Press


Comments
comments powered by Disqus Commenting Guidelines
Poll
Mortgage Minute


Search for New & Used Cars

Make 
Model
 
Used New All
 

Search Times Leader Classifieds to find just the home you want!

Search Times Leader Classifieds to find just what you need!

Search Pet Classifieds
Dogs Cats Other Animals



Social Media/RSS
Times Leader on Twitter
Times Leader on Youtube
Times Leader on Google+
The Times Leader on Tumblr
The Times Leader on Pinterest
Times Leader RSS Feeds