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Internet booms

The data from the recently published 2008 Quarter two report of venture capital investments has an interesting hightligh in the new venture space : 238 Internet-based companies got an funding of around $1.5 billion! Thats just in one quarter! This quarterly figure in fact represents the highest since 2001. Are we seeing a surge in the dot com business?

On a side note, US venture capitalists sent about $473 million in India’s way.

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This entry was posted on Tuesday, July 15th, 2008 at and is filed under Business, Daily Notes, Technology. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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