Check out David Manners' piece on investment in UK technology firms in 2008: UK tech investment rises in 2008 - Ascendant Technology
The technology-focused investment group Ascendant Technology carried out the research and it reported that technology investment in the UK and Ireland started strongly in 2008 with an increase in both the value and volume of deals.
"Although the number of active number of active investors declined, VCs and private investors increased the capital they invested in Q1 by 15 per cent to £357m, backing 13 per cent more companies which rose to 72 businesses", said Stuart McKnight, CEO of Ascendant.
Internet/Wireless services companies (£160m) took the biggest share of investors' funds, followed by Software (£79m), Cleantech (£38m) and Other Technologies (£30m).
Breaking that down on a company basis, The ten biggest deals, taking over half the total funds invested, were:
* Spinvox (£50m)
* Money Expert (£25m)
* Realtime Worlds (£25m)
* Complinet (19m)
* Badoo (£17m)
* Seatwave (£13m)
* Velocix (Cachelogic) (£13m)
* ORECon (£12m)
* Quartix (£12m)
* Gas2 (£10m)
Read the full article: UK tech investment rises in 2008 - Ascendant Technology