Venture capitalists increased their bets on U.S.-based technology and health-care companies in the second quarter, confident that the underpinnings of the business are sound despite signs that parts of the market are overheating.
Investment totals are approaching levels last seen in the dot-com era, with $19.19 billion invested from April through June, according to Dow Jones VentureSource. That was a 24% increase over a year earlier and nearly matched the fourth quarter of 2000, when $19.72 billion was invested.
