VC: $$$

Media companies raised US$586m in 2Q08, an increase of 23%, according to the National Venture Capital Association and PriceWaterhouseCoopers. VC dollars are still rolling in – $$$$.

Techcrunch (a posible AOL/News Corp target itself) says:

Software is still the biggest sector attracting VC funds ($1.3 billion), followed by biotech ($1.1 billion), but both those sectors are seeing a slowdown in investments (down 19 percent and 14 percent year-over-year, respectively). The only sectors that saw increases was energy (up 102 percent year-over-year to $1.2 billion) and media (up 23 percent to $586 million).

Source

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Published in: on July 19, 2008 at 4:07 pm  Leave a Comment  

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