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Article: Hot Companies: 498 Received Funding in August 2000.
- Article from:
- PR Newswire
- Article date:
- September 1, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN DIEGO, Sept. 1 /PRNewswire/ --
Facts Online, Inc. announced that over 498 U.S. companies received new fundings during August 2000.
During August, the new fundings spread across 34 states. However, only 4 states had at least 5% or more companies with new fundings: California (38.0%), Massachusetts (8.4%), New York (6.0%), and Texas (5.8%).
Ownership also varied during August; 75.7% are privately owned and 24.3% are public. Of the public companies, Nasdaq dominates with 21%.
Software companies continued to dominate with 25.5% of the companies. Larger numbers of fundings were also made to: Application Service Providers and other ...