The growth in Technology funding continues to impress. The sector grew at 22 percent in 2013 compared to VC investing as a whole at 7 percent,” Wallace said. “As capital continues in technology related investments, subsectors like Internet and Software will continue to see high funding levels. The great performance and impressive returns in the sector for 2013 will continue to drive funding dollars to the sector. — Danny Wallace, Partner at PWC
A city can support ventures... and should, because ventures return the favor in ways you might not expect. This article by CIV International Research Affiliate Thillai Rajan A., and Vikram Kapur, shows how the presence of venture can energize the hosting city, leading to a virtuous symbiotic equilibrium. It uses as a case study the South Indian city of Chennai, founded in 1639, which is one of the thriving metropolitan cities of India today, presented in an insightful paper and a CIV City Case.