San Francisco - Web 2.0 companies raises more than $464 million during the first half of 2007, the highest half-year total on record for the sector and more than 7% more than in the same period last year, according to a new report from Dow Jones VentureOne and Ernst & Young.

New York - U.S. venture capital firms raised $3.23 billion during the second quarter, a 62% drop from the same period last year and the biggest decline since 2002, according to figures released by Dow Jones VentureOne.

San Francisco - Thirteen U.S. venture-backed companies completed initial public offerings (IPOs) in the first quarter, raising $1.2 billion -- double the amount of last year -- according to new statistics from Dow Jones VentureOne.

San Francisco - During the fourth quarter, U.S. venture capital firms raised their lowest amount of VC since the first quarter of 2005, according to new figures from Dow Jones VentureOne.