VC Investments in Mobile Tech in Q3 2013 at Record Breaking High
Uber, Pinterest and AirWatch closed three of the top 25 venture capital deals of 2013 with more than a quarter of a million in funding combined.
The era of big investments for social media might be over but VCs are still investing in tech companies. Recent data from CB Insights there are still some big deals being made in the tech industry with mobile, e-commerce and business intelligence getting some of the biggest investments since 2012.
In fact, these three sectors accounted for some of the biggest deals to take place in the last 12 months. According to the latest report from CB Insights, the mobile sector saw record breaking venture capital investments in Q3 2013, with more than $1 billion going to US companies.
Uber, the hot mobile app which enables users to request a driver, closed the Series C with $258 million from Google Ventures.
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