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October 08, 2004

VCs Busy in Q3 2004

The growing pots of money held by VCs is starting to flow more into deals, which will help support future growth. Inc.com reports:

"Overall investment by venture capitalists is up 19% from last year, up from $14.1 billion to $16.8 billion....Biotechnology and telecommunication companies led by companies like Avera Pharmaceuticals and Vonage Holdings attracted the most attention from the venture capital community, though semiconductor manufacturers and companies addressing computer-security concerns were also popular with speculators."

Posted October 8, 2004 07:03 AM

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