[IMGCAP(1)]
SILICON VALLEY, CA-According to recent market research from Jones Lang LaSalle, high-tech funding for Q4 2013 increased by 60% year-over-year. The firm also says that the total funding amount for software, which has been the most predominant industry for VC investment amounts to approximately $774.9 million.
According to Amber Schiada, research manager at JLL, consumer/commerce startups accounted for $170.6 million of all Q4 2013 high-tech funding and is up 30.1% from Q4 2012.
Lastly, according to Schiada, tech connectivity is slowly moving into consumer products. "Of top five funded companies, two were consumer related: King Software and Lytro received $50 million and $46 million respectively."
View the chart below for more on the topic.
[IMGCAP(2)]
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.