Tuesday, January 25, 2005

VC Investment Rising

"After years of declining investments, venture capital (VC) firms have begun pumping money into start-up high-technology companies, according to different surveys. "

"The MoneyTree Survey, released Monday, reported that nearly $21 billion was invested in start-up and emerging companies in 2004. The survey was prepared by the PricewaterhouseCoopers accounting firm, Thomson Venture Economics, and the National Venture Capital Association. '

"VC investments had declined to the $18.9 billion invested in 2003, according to the MoneyTree survey, which noted that 2004 was the first increase in VC investing since 2000--the year the telecommunications and high-technology bubble began deflating. "

"The MoneyTree report broke out investments on a regional basis, noting that Silicon Valley remained in first place in 2004 as far as investment dollars received; the Boston area finished in second place. "

"MoneyTree reported that VoIP provider Vonage Holdings raised some $145 million in two venture rounds in 2004. "

Read more here.


For more information, visit www.EvanCarmichael.com.

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