VC Money Trickles Back
A recent venture capital survey conducted by VentureOne and sponsored by Ernst & Young says U.S. VC funding may be back on the uptick
Just over $3 billion was spent in the United States on information technology by VC investors in the second quarter of 2004, spanning 294 financing rounds, says the Ernst & Young/VentureOne Quarterly Venture Capital Report. That's up from $2.75 billion spent in the first quarter, which was spread more thinly in 307 rounds.
While investment is up overall, it's still a far cry from the dotcom bubble levels...
Get all the details at Next-Gen Data Center Forum.
— Evan Koblentz, Senior Editor, Next-Gen Data Center Forum
For more info on the state of industry financials, check out the coming Light Reading Live! event: