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Venture Capital news from FierceCIO

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C-level IT execs predict year-long downturn

A sizable majority of C-level technology executives believe the industry is being hit hard by the economic downturn and the effects will not be resolved in the short run, according to a new survey.... Read more...

Number of IT venture deals drops to a 10-year low

Thanks to the current economic crisis, venture capitalists have pulled back sharply on their investments in U.S.-based tech companies. According to a report due this weekend by Dow Jones... Read more...

Startups feel the squeeze

Venture capital is scarce, the market for initial public offerings is weak and the stock market is very shaky. All of these factors add up to trouble for innovative new companies, many of which are... Read more...

VC: Open-source support, data warehousing, hosted apps


The two-week VC total is $129.9 million.

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VC: Web development, storage


The two-week VC total is $65 million.

... Read more...

VC: Virtualization, open-source integration


The two-week VC total is $60.5 million.

... Read more...

VC: File management


The two-week VC total is $34.8 million.

... Read more...

VC: Systems management, high-end servers


The two-week VC total is $92 million.

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VC: Data acceleration


The two-week VC total is $40 million.

... Read more...

VC: Security, Web services


The two-week VC total is $31 million.

... Read more...