Venture-cap investments rise in second quarter

(AP) -- Venture capitalists invested more in U.S. startups in the second quarter than they did during the same period a year ago, suggesting that investors are ramping up their search for the next Facebook or Twitter.

NYC fires shot at Silicon Valley tech dominance

(AP) -- Mayor Michael Bloomberg is firing a shot across the bow of Silicon Valley, saying New York City's efforts to attract a new science and engineering campus will help the metropolis surpass the California region as ...

Andreessen's venture fund nears $1 billion

(AP) -- A venture capital fund run by Internet browser pioneer Marc Andreessen and his longtime business partner, Ben Horowitz, has raised another $650 million as the firm looks for opportunities in technology startups.

Entrepreneurs face venture capital funding drought

The number of US venture capital firms that raised new investment money sank to a 15-year low in the last fiscal quarter as a drought of funding threatened innovation around the world.

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