VCs Shell Out for Storage

By eweek  |  Posted 2004-08-02 Print this article Print

Venture capital investment in storage accounts for nearly one third of information technology equipment investment.

Venture capital investment in data-storage startups for the first two quarters of 2004 totaled $225.8 million, according to a report from Ernst & Young and VentureOne. Investment for all of 2003 was $223.75 million.

VCs spent $691 million on information technology equipment in the first half of 2004.

Read the full story at Byte and Switch


Submit a Comment

Loading Comments...
Manage your Newsletters: Login   Register My Newsletters

Rocket Fuel