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Venture-cap investments rise in 1Q RACHEL METZ - The Associated Press 06:43:32AM (DST) Friday,April 15,2011. SAN FRANCISCO (AP) — Funding ...
 
 
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Old 04-15-2011, 03:43 AM   #1
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Venture-cap investments rise in 1Q
RACHEL METZ - The Associated Press

06:43:32AM (DST) Friday,April 15,2011.

SAN FRANCISCO (AP) — Funding to U.S. startups climbed during the first three months of the year, with venture capitalists putting more money into fewer companies, according to a study scheduled to be released Friday. Despite the decline in deals, the growth may indicate an improvement in the health of the venture investment market.

For the January-March period, startup investments rose 14 percent to $5.9 billion, compared with $5.2 billion invested during the same quarter in 2010, according to the study. In all, 736 startups received funding, which is down nearly 7 percent year over year and marks the smallest amount of companies to be funded since the third quarter of 2009.

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