Venture investments into IT down 14.5% in 2008

IT Venture capital dropped to $11.64 bln for all of 2008, down 14.5% from 2007, according to VentureSource. Software companies, which continue to capture the largest slice of IT venture investments, dropped 16.4% during the year, to $4.73 bln in funding.

IT Venture capital dropped to $11.64 bln for all of 2008, down 14.5% from 2007, according to VentureSource. Software companies, which continue to capture the largest slice of IT venture investments, dropped 16.4% during the year, to $4.73 bln in funding.