U.S. startups received $48.3B in funding in 2014

In 2014, “venture capitalists pumped $48.3 billion into U.S. startups,” reports Bloomberg.

That level of funding hasn’t been seen, it adds, since “investors piled $105 billion into closely held companies in 2000. The 2014 total was up 61% from $30 billion in 2013, and was more than double the $20.4 billion invested in 2009.”

The technology sector benefitted most from the funding surge, says Bloomberg. Read more.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.