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venture capital

45 posts

Going Down? Q3 VC Investments in US Tech Drop 14%

The latest VentureDeal quarterly report is out (see pdf) and it suggests that VC activity in tech has slowed down in the third quarter. Overall, 343 US companies raised $1.8 billion in venture capital funding in Q3 2010, representing a 14% decline in total funding amount compared to the previous quarter. The number of companies funded has also declined by 6%.
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Highlights from the Q3 2010 Israel MoneyTree Report: Investments Still Growing Amid Foggy Conditions

The Q3 2010 MoneyTree report for Israel was published yesterday with somewhat encouraging results: VC investments in Israel continue to grow and some $253 million were invested in VC-backed tech companies in the third quarter, representing a 23% increase compared to the previous quarter and a 42% compared to the same period last year which only saw $178 million invested.
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Perfecto Mobile Gets Perfect Backer in Vodafone Ventures for App Testing in the Cloud

Vodafone's venture capital arm made a strategic minority investment in Israeli startup Perfecto Mobile joining previous backers Carmel Ventures and Vertex Venture Capital who invested $7 million ten months ago. The sum of the round was undisclosed, but sources in the Israeli media estimate it at $4-5 million.

Israeli Government Reveals High Tech “Bail Out” Plan to Boost the Technology Sector

The proposal will enable investors in startups to receive tax write-offs on investments for high-tech companies who spend at least 70% of their salaries in Israel. The new law is part of broader reforms to boost the high-tech sector, led by Dr. Yuval Steinitz, Israel's minister of finance and his ministry's director general, Haim Shani