Venture capital invested in Europe has been on a steady rise recently, increasing from €2.1 billion in 4Q 2013 to €2.9 billion in 1Q 2015, according to the PitchBook Platform. But the distribution of that capital has been shifting—especially for Europe's IT industry, which accounted for a decreasing share of capital invested in four straight quarters during the time period. That is, until 1Q 2015, when Europe's IT startups bounced back for the sector's highest portion of total venture capital invested (33%) in a year's time. Helping the 1Q push were large deals for SigFox (€102.5M), WorldRemit (€89M) and TransferWise (€51.7M). So far in 2Q 2015, Europe's IT sector has accounted for 36% of the total VC invested in the region.
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