Global Web 2.0 Deals Up 14% in First Half of 2007

Sep 18, 2007

What was once an industry focused almost entirely in the San Francisco Bay area has expanded into new markets within the U.S. as well as in Europe and Israel, according to new data released today by Dow Jones VentureOne and Ernst & Young LLP. The global research showed that investors directed US $464.2 million into 101 deals worldwide in the first half of the year, the highest half-year total on record for the sector and more than a 7% increase in investments over the same period in 2006.