MoneyTree/PWC just released Q2 venture capital numbers – and the high level amount of VC investment in Q2 isn’t looking good.
But Software VC dollars are up. So is IT services.
Software VC Dollars
In fact, according to PEhub, “Countering the decline was 23% jump in funding to software startups. With $2 billion invested – 29% of the total – the sector generated the highest quarterly investment level in 10 years, or since the fourth quarter of 2001.” Dollars per software startup was also up a lot.
By stage of development there are some interesting numbers as well… one is that seed investing seems to have taken a dip. Not too surprised – we’ve read a lot about the seed crunch recently. The good thing is that the early stage dollars are hanging in there, so the best seed deals seems to continue to get funding… (I hope.)
