SPOTLIGHT: Wireless VC money reached $1.3B in 2005

Venture capital money in wireless technology will hit an all-time high in 2006, says a report from visiongain. In 2005, 152 wireless-related companies received $1.3 billion in funding, a 24 percent increase from 2004's $1.1 billion. Wireless accounted for 7 percent of total VC investment last year, a figure that will rise in 2006 and beyond. Article

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