#Venturecapital in startups: $8.4 #billion

That's how much venture capital was invested in startup companies, according to Dow Jones VentureSource. The total climbed 29 percent as funds raised by consumer Internet companies more than doubled from a year earlier. The online ventures - including search, entertainment and social media - raised $1.3 billion. About 42 percent of all venture spending went to the newest companies. Read more: http://www.sfgate.com/business/article/Venture-capital-in-startups-8-4-billion-2325580.php#ixzz2PhAmeu2v

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