VentureSource

Report: Web 2.0 Investments Again Jump, but May be Peaking

Authored by Mark Hefflinger on March 18, 2008 - 9:49am.

San Francisco - The Web 2.0 investment boom may be peaking, according to a new report from Dow Jones VentureSource. While venture capitalists pumped a record $1.34 billion into 178 Web 2.0 deals in the U.S. last year -- up nearly 88% from 2006 -- social network Facebook accounted for 22% of that funding.