Third Quarter Venture Capital Investing Remains Above $6 Billion
NEW YORK ? The latest MoneyTree Report shows Venture Capitalists invested $6.2 billion in 797 deals in the third quarter of 2006, down 8 percent from the second quarter, but the third straight quarter over the $6 million mark. The hottest sectors in the third quarter were Telecommunications, Media and Entertainment and Industrial/Energy. First-time financings