Banking & Finance: Venture-capital firms getting back on track

Written by on September 24, 2012 in Press & Events

PBSJ 9/21/12 -

Propelled by the accelerating evolution of the internet, regional venture capital firms appear to be on track for a standout year after a particularly strong first half.

Current levels of investment in young technology companies echo those made near the internet boom of more than 10 years ago, industry insiders say. The frequency of deals has backed down slightly in the current quarter, but that’s typical of the summer season, said Frank Artale of Ignition Partners, the largest firm in the region with $2.5 billion in funds under management.

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