Whether or not software is really “eating the world,” it appears to be eating the lion’s share of investment dollars. Last year VC firms invested $11 billion in the sector, according to a report from advisory firm PwC. In 2013, the biotechnology and media and entertainment industries also had good years. They saw an eight and 38 percent increase, respectively, in VC deals from 2012. Which firms were making all of those deals? Kleiner Perkins Caufield & Byers, First Round Capital, and New Enterprise Associates closed the most deals last year, according to the report.
Statistics company Statista provided the graphic below, which illustrates where investments have been going for the past two years.