Investment research firm CB Insights has released its end-of-year report for 2010, which finds both the fourth quarter and the year overall ending strong. The $6.5 billion in VC funding over 735 deals makes the fourth quarter an eight quarter high on deals and dollars. And overall, the year saw $23.7 billion in funding in 2792 deals - a 14% growth in funding and a 13% growth in deals over 2009.
"For those of you looking for a data point that suggests VC is back and on the road to recovery after 2009's tough sledding," the report reads, "the eight quarter high on deals and dollars gives you something to hang your hat on. For those of you who think VC is overheated and we're headed for a bubble, the eight quarter high on deals and dollars gives you something to hang your hat on. Yes - it's all a matter of perspective." And for those of you wanting to argue that New York is indeed a hotspot for investment, this report will help make that argument too.
To read the full, original article click on this link: Year-End VC Report Shows Strength of Internet & Early Stage Investment
Author: Audrey Watters
