U.S. venture capitalists put $8.1 billion into 812 deals in the second quarter of 2012, their single largest quarter in more than a decade, according to CB Insights.
It’s clear that factors like the greater American economy and the bumpy tech IPO market don’t necessarily have a direct and/or timely correlation with venture capital spending.
Funding was up 37 percent from the first quarter, and 5 percent from a year ago. Number of deals were up 3 percent from the past quarter, and 4 percent from the past year.
Photo and video start-ups accounted for 29 percent of mobile funding dollars.
Keep reading: All Things D – U.S. Venture Capital Has Its Biggest Quarter Since Dot-Com Days
News from last quarter – Venture Capitalists invested $5.8 billion in first quarter of 2012