Europe Growth in Tech Investment surpassed US

March 22, 2015: As per the new reports, investment in Europe Technology firms reached a four year high in 2014, a 78% rise in funding on the previous year, with $5.7 billion out of 855 deals surpassing US.
                          

"It was a big year. Relative to the US, there was higher growth in terms of funding levels," says Anand Sanwal, cofounder and CEO of US based investor  data analyst CB insights, which recently released their 2014 European Tech Report. The report analysed all the venture deals in Europe for the year 2014.

Last year in tech investment of Europe has been four-year high with 250 percent increase in 2014 figure from 2011. And European funding was widespread across all series of funding while US was funding trended more towards huge megadeals, the report says.

"There's a lot of complexity there(to operate in Europe). If you can crack the code in Europe, those are the companies really get payments and may do well internationally," Sanwal says.

Source: Irishtimes
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About Mohammed Rizwan

An Electronics Engineer by education, a part-time blogger by passion. He loves everything about technology, hence he writes about it. Interest includes Technology, Startups and Mobile Applications.
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