& cplSiteName &

MoneyTree Musings

The Philter
The Philter
The Philter
10/26/2004

12:01 AM -- Most venture capital in telecom is still aimed at existing companies, according to today's MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association:

For the first nine months of 2004, venture capital investments totaled $15.3 billion compared to $13.3 billion for the first nine months of 2003. At the current pace, full year 2004 is expected to exceed 2003’s total of $18.7 billion.

Telecommunications [investing] continued to languish as it has for the past two years, attracting $450 million, or 10 percent of all venture capital. Of the 58 companies funded, most were follow-on rounds. The networking industry followed a similar pattern with $314 million, or 7 percent of total dollars, with 43 companies funded.

— Phil Harvey, News Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from The Philter
Ciena's latest acquisition is another piece of a larger back office puzzle for carriers, but the vendor said it's not aiming to become the new OSS stack.
States still have the option of enacting their own net neutrality regulations following today's DC Circuit Court of Appeals ruling upholding the FCC rollback of net neutrality rules.
Ovum Chief Analyst Ed Barton talks to Light Reading's Ray Le Maistre about the services and opportunities 5G unlocks for consumers – and what new capabilities are just around the corner.
The vendor's new XR Optics technology could cut carrier opex and capex in service providers' metro networks. But can the company get everyone else to buy into coherent optical sub-carrier aggregation?
As the editors recap Light Reading's event series on network functions virtualization (NFV) and software-defined networking (SDN), technologies like 5G and edge computing arrive just in time to hurry the industry along its path to more modern networks and add plenty of drama.
Featured Video
Upcoming Live Events
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3-5, 2019, Vienna, Austria
December 3, 2019, New York, New York
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events