Web 2.0 investments in the Northwest climb
According to a recent report by Dow Jones VentureSource, investments in Pacific-Northwest-based Web 2.0 ventures grew to $140M in 2007, up from $35M in investments in 2006. The number of deals in play more than doubled.
Further:
[O]verall Web 2.0 investments in the U.S. grew to $1.34B… [T]here were 178 Web 2.0 deals in the U.S. for 2007, up 88% in dollars over 2006.
(Hat tip Northwest Innovation)
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1 comment
Dow Jones on Web 2.0 | Techvibes Blog said on Mar 18, 2008 at 3:44 pm:
[...] today Rick Turoczy mentioned a report from Dow Jones VentureSource that concluded that investment in Web 2.0 start-ups may be peaking. [...]
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