Silicon Valley captured nearly 40% of all venture capital in the U.S. during 2009, according to data from Pricewaterhouse Coopers that was published by the San Jose Mercury News. The report indicates the VC investments in the region rebounded slightly in the second half of last year following two years of declines. However, nationwide VC funding was down significantly again in 2009, reaching its lowest level since 1997.
The Venture Capital Quarterly Report lists over Silicon Valley 190 companies receiving funding. A small sampling of notable start-ups on the list in the networking and telecom sectors includes:
- Aquantia – PHY devices
- ASSIA – DSL software
- Bigfoot Networks – gaming network tech
- Bridgewave — broadband wireless
- Cloud Engines — access
- Cyan Optics — telecom infrastructure gear
- Fanfare – test software
- GridIron — data center systems
- Innovalight — optoelectronics
- IP Wireless — wireless tech
- Sezmi — video entertainment
See the full report online.
http://www.mercurynews.com/top-stories/ci_14427334
