Venture capitalists offer up $2.1 billion in funding in Q2
Corporate venture-capital funding was on the rise during the second quarter of 2012.
Research firm CB Insights, which provides quarterly data on VC investments, revealed today that a total of $2.1 billion was offered up to startups during the second quarter in just 118 deals. The total invested capital nearly doubled the first quarter's $1.09 billion in investments. During the second quarter of 2011, funding hit $1.81 billion.
So, where is that cash going? According to CB Insights, Facebook's $1 billion acquisition of Instagram prompted corporate venture capitalists to flock to the mobile arena, where … Read more