B2B Media and Info Services Continues Climb in 2013
December 27, 2013
2013 has proven to be a fantastic year for investment in the U.S. B2B media & information services space. The number of VC deals completed for U.S.-headquartered companies involved in the industry has been on the climb each year since the early 2000s, with the exception of a momentary slip in 2009. This year continued that upward trend and has reached a new high with 535 financings completed in 2013 to date. VC investors invested a total of $4.0 billion through those 535 deals, the second highest capital invested total for a single year, behind 2011's $4.1 billion.
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Outside of the U.S., another 277 VC financings have been completed in the B2B media & information services industry so far this year. Among those is a deal for Canada-based HootSuite, which back in August announced that it had secured an additional $165 million for its Series B financing round.