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Venture-capital funding in 2017 was the highest it’s been in the past 10 years

Chart of the day

Venture-capital funding is booming in the United States.

According to Pitchbook data charted for us by Statista, startup funding reached a record decade-long high in 2017, with $84.2 billion in funding raised over the course of the year.

Pitchbook’s findings indicate the tech industry is becoming a key investment in the US.

In a statement, PitchBook CEO John Gabbert told The Straits Times that 2017’s total funding rivaled the VC funding of the early mid to late ’90s: “While the figures are comparable to the dot-com era, the VC ecosystem appears healthy and driven by different dynamics, [and] later-stage read more >>>

Source:: BusinessInsider.Com