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    Tuesday, March 18, 2008

    Pacific Northwest Sees Increase In Web 2.0 Investments


    Dow Jones VentureSource said today that Pacific Northwest, Web 2.0 venture investments grew to $140M and 13 deals in 2007, up from 6 deals and $35M in investments, as overall Web 2.0 investments in the U.S. grew to $1.34B. The data, released today, found that there were 178 Web 2.0 deals in the U.S. for 2007, up 88% in dollars over 2006. Dow Jones warned, however, that the Web 2.0 investment boom may be peaking, citing flat to negative growth in the San Francisco Bay Area, and results which were primarily bolstered by the $300M invested in social networking site Facebook.
    posted on Tuesday, March 18, 2008


    Related companies:
    Pacific Star Communications

    Related stories:
    > Pacific Northwest Sees $210M In Venture Investments In Q4
    > Venture Deals Total $498.6M In Pacific Northwest
    > Pacific Northwest Sees $483.95M In Q1 2007 Deals
    > Oregon Investment Fund Stakes Three Firms
    > Interview with David Almodovar, Oregon Investment Fund
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