VC tech investment on a roll in 2014

While start-up tech companies in Silicon Valley, London, New York and Berlin saw a 10% plus growth in VC money this year, the discrepancies between the four centres were large, reports the New York Times.

Silicon Valley raised $22 billion in VC money this year, New York start-up tech companies raised $4.5 billion, London tech start-ups raised $1.4 billion and Berlin tech start-ups raised $1.1 billion.

Silicon Valley’s biggest VC deals were, according to NetworkWorld: Uber $1.4 billion; Tango $280 million; Lyft $250 million; Palantir $165 million; Cloudera $160 million; Box $158 million; Lookout $150 million; Qualtrics $150 million; Nutanix $145 million; Kabam $120 million; DataStax $106 million; Mirantis $100 million.

Berlin had the two biggest European IPOs of the year – Rocket Internet an incubator, and Zalandoo an e-commerce company.

London’s $1.4 billion accounted for 65% of the UK total and is 20x more than it was in 2020.

Google Ventures now has a London office and, earlier this year, Google bought London start-up DeepMind for £400 million.

david manners

from News http://ift.tt/1rJNKER

via Yuichun