Internet Firms Absorb Bulk Of Venture Capital Funding

By | October 14, 2014

Scalper1 News

Startup companies in the Internet sector received the bulk of venture capital funding in the third quarter, getting 46% of the $9.8 billion invested. The largest funding round of an Internet firm went to youth-oriented media company Vice Media, at $250 million. In second was Houzz, a website for house-designing ideas, at $165 million, according to research firm CB Insights. Companies based in San Francisco were the top recipients of Internet Scalper1 News

Scalper1 News