I came across an interesting article that reports on the trends in venture capital Series A funding, as investment stands at the end of August, 2009. I think there are positive signs for those of us looking to the capital markets for resources (cash to build our grand visions, that is).
Here are the numbers that the article reports for 2009:
- January: $30.3 million
- February: $45.5 million
- March: $55.7 million
- April: $73.7 million
- May: $103.2 million
- June: $77.1 million
- July: $93.5 million
- August: $78.6 million
The article does report that seed funding activity was low, but those numbers are difficult to come across at best. I, too, would like to see more financing transparency to see where the dollars are really flowing.
Enjoy your weekend…and send some of those VC dollars Startup Army’s way!
-=John
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