Venture capitalists head for the cloud
September 25, 2014
Grazed from WhaTech. Author: Editorial Staff.
Cloud computing has topped the list of industry sectors in which venture capitalists feel most confident about investing, for the second year in a row, according to the 2014 Global Venture Capital Confidence Survey, from Deloitte and the US based National Venture Capital.
The tenth annual survey, conducted in May and June of 2014, questioned more than 300 venture capital, private equity and growth equity investors in the Americas, Europe, Asia and Africa. It sought to assess investor confidence in the global venture capital environment and understand market factors shaping industries and investments in specific geographies and industry sectors…
Investors were asked to rate their confidence levels in a variety of different market sectors in specific geographies and industry sectors on a scale of one to five. "For the second year in a row, US venture capital investors named cloud computing (4.29) as the area they were most confident investing in followed very closely by mobile technology (4.28), enterprise software (4.00) and health care IT and services (3.87)," Deloitte said. "US VC investors are very confident in cloud computing, mobile and enterprise software sectors."…
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