Gagglescape tracks the flow of venture capital and angel investment in a global economy.

Wireless Products Are Hot Investments in ‘05
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Wireless towers in use from http://www.cybergeography.org

Wireless News Factor proclaims that the big winner in 2005 was the wireless sector. No specific technology predominated. According to the MoneyTree Survey by PricewaterhouseCoopers, Thomson Venture Economics, and the National Venture Capital Association, the sector attracted $366 million in the fourth quarter.

"Investors in 2005 looked to the Internet again to fuel innovative business models. According to the MoneyTree report, which defines the Internet sector as comprised of companies with business models that are fundamentally dependent on the Internet, investments made in those companies grew slowly over the last three years and totaled $2.9 billion in 2005.

This increase is due in part to the interest in Web 2.0 companies, or those that have found a way to build a sustainable business online, says Kate Mitchell, managing director with BA Venture Partners. The buzz around Web 2.0 companies and technologies is expected to sustain itself through 2006."
[email this story] Posted by the editor on 02/11
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