Report: VC start-up money shrinks

U.S. venture capital funding has slowed down, and depending on the survey you choose, it is either flat or dropping. The National Venture Capital Association (NVCA) and PricewaterhouseCoopers (PwC) said venture capital investments were virtually unchanged in the second quarter compared to a year ago.

Dow Jones VentureSource, in contrast, said that VC investments dropped 12 percent in the second quarter compared with the same period a year ago. Still, there have been some bright spots. The NVCA and PwC report said venture firms invested $1.53 billion in Internet start-ups in the second quarter, up 49 percent. And clean-tech companies attracted $883.6 million in investments, a rise of 62 percent. Investments in software, however, dropped by 19 percent to $1.25 billion. The information services sector, which includes most of the Web 2.0 companies, experienced a 20 percent jump.
 
For more on investments:
- See this cnet.com article