The year 2005 proved to be a strong year for venture capital-backed companies, particularly those in the information technology (IT) industry, to exit via an acquisition. |
This is a clear sign that investors still support early-stage innovative growth companies, both in information technology and, more significantly, in health care. Within IT, 31 per cent of the financing rounds were for seed- and first-round deals, while for health care it was 44 per cent - a strong indication that investors see much room for growth among these sectors. |