SAN FRANCISCO (AP) ? A new report says funding for startups increased 19 percent in the fourth quarter, as venture capitalists fueled more money into companies in the Internet, clean technology and other sectors.
According to a study released Friday, startup investments grew to $6.57 billion in the October-December quarter from $5.52 billion in the same period in 2010. For all of 2011, venture investments jumped 22 percent to $28.43 billion from $23.26 billion in 2010.
The MoneyTree study was conducted by PriceWaterHouseCoopers and the National Venture Capital Association based on data from Thomson Reuters.