Browsing Tag

uTest

3 posts

Going Down? Q3 VC Investments in US Tech Drop 14%

The latest VentureDeal quarterly report is out (see pdf) and it suggests that VC activity in tech has slowed down in the third quarter. Overall, 343 US companies raised $1.8 billion in venture capital funding in Q3 2010, representing a 14% decline in total funding amount compared to the previous quarter. The number of companies funded has also declined by 6%.
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Bitesize Tuesday: Tracx, Innovid, Kenshoo, uTest and More Investment Rounds [recap]

Israeli startup fundraising seems to be picking up towards the end of Q3 with several companies raising rounds of at least $10 million each. Innovid, Tracx, eXalate, uTest and SimpliVT are featured on this bitesize report.