This morning’s report of a sizeable $23 million funding round for Williamsburg-based mapping startup CartoDB could be a marker of a broader trend in funding.
If it seems like there’s more money coming from the venture capital ecosystem, well there is.
A new report by Mattermark says overall startup funding is up 50 percent from this time last year.
The biggest percentage jump comes in private equity money, which is up 83 percent year over year, but the biggest increase in dollars is in the late stage, a trend that has been ongoing for some time.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!