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 September 18, 2007 at 11:57 AM


Featured

  • The 2019 Microsoft Product Roadmap

    From the next major update to Windows 10 to the next generation of HoloLens, here's what's on tap from Microsoft this year.

  • 2019 Microsoft Conference Calendar: For Partners, IT Pros and Developers

    Here's your guide to all the IT training sessions, partner meet-ups and annual Microsoft conferences you won't want to miss this year.

  • Microsoft Ends Development on Windows To Go

    The May 2019 update of Windows 10, also known as version 1903, will be the last Windows client OS to have support for Windows To Go.

  • Microsoft Finally Releases Hyper-V Server 2019

    Conceding that it has taken "way too long," Microsoft has announced that Hyper-V Server 2019 is now available for download.