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Software Deals Drive Venture Capital Surge to Dot Com Era Levels

July 23, 2015

Venture capital (VC) firms invested more than $17 billion in 1,189 deals in the second quarter of 2015, the highest level of activity since 2000, according to the National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PWC). Megadeals (deals greater than $100 million) in the software sector drove much of the growth, with 26 deals such deals, including one that exceeded $1 billion. With $7.3 billion in investments, software deals in the second quarter exceeded total investment across all sectors in 51 of the last 82 quarters. The industry is on track to surpass the $50 million invested last year. Read the NVCA/PWC release…

capital, venture capital