Venture Capital Steadily Flowing Into Mobile Consumer Apps

Cash continues to flow into the development of mobile consumer apps, according to a new report from M&A advisory firm Rutberg & Company. Private companies in the mobile space generated some $3.9 billion in venture financing in the first half of 2012 alone. During the one month period from July 1 through July 31, 96 …   Read More

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Cash continues to flow into the development of mobile consumer apps, according to a new report from M&A advisory firm Rutberg & Company.

Private companies in the mobile space generated some $3.9 billion in venture financing in the first half of 2012 alone.

During the one month period from July 1 through July 31, 96 private mobile companies announced $1.0 billion in new financings. Investments were primarily in the Enterprise Infrastructure, Consumer Application, and Telecom Infrastructure sectors.

The report also highlighted 50 M&A transactions during the period, including Apple’s acquisition of AuthenTec, Google’s acquisition of Sparrow, and eBay’s acquisition of Card.io.

Rutberg & Company says that 2011 had represented the largest year for mobile tech venture capital since 2001, and 2012 thus far is nearly $1 billion greater than the same period in 2011.

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2 comments

  1. Mobile Consumer Apps

    […] More >> […]

  2. Apps developer

    With advancement of technology and more smart phone users around the world, organizations related to the business of mobile technology are at the peak of earning revenue. Since the users of smart phone devices and applications are growing the flow of cash is streamed in the same manner.

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