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Venture capital database VentureDeal has just released its quarterly funding report, which takes a look at the investments in the world of the Web, digital media, software and ecommerce. During the Q3 of 2010, VentureDeal reports that 343 companies raised $1.8 billion in venture capital funding which is down 14% in total funding versus Q2 of 2010 and down 6% in the number of companies funded.

Three of the four sectors showed a decrease in funding amounts and the number of companies funded. Only the Software sector showed an increase in funding amounts, jumping 19% in terms of actual investment amount.

To read the full, original article click on this link: VentureDeal Report: 343 Internet, Software Companies Raised $1.8 Billion In Q3

Author: Leena Rao