Boston Outduels Silicon Valley for VC Funding

In the first half of 2007, venture capitalists (VCs) invested $464.2 million in Web 2.0 startup companies, according to a report released by Dow Jones VentureOne.

While 25 Silicon Valley companies snared $91 million of that money, Boston-area companies beat that number handily, with 10 companies receiving $102 million. Cambridge startup n2N Commerce garnered the lion's share of this money, with $30 million of funding.

The VCs spread money around quite a bit, with companies in Southern California, the Pacific Northwest and overseas also receiving substantial amounts.

Are we due for a tech bubble again? Send me your thoughts at pvarhol@redmondmag.com.

Posted by Peter Varhol on 09/18/2007 at 1:23 PM


Featured

  • Windows Has Support for Encrypted DNS

    Microsoft announced this week that the Windows operating system already has support for an encrypted Domain Name System option that promises to add greater privacy protections for Internet connections.

  • The Datacenter in 2020 and Beyond: More Edge, 'As-a-Service' and AI

    The next few years are going to be lively ones for the datacenter, according to research firm IDC's "Futurescape" report.

  • Inking Gains Traction in Office 365

    From PowerPoint to Excel, Microsoft is beefing up its support for digital inking across its Office 365 apps. Here's a snapshot of upcoming features.

  • Salesforce and Microsoft Partnering on Azure Services and Teams

    Salesforce.com and Microsoft on Thursday announced a strategic partnership on cloud technology use.

comments powered by Disqus

Office 365 Watch

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.