Article: Hot Companies: 498 Received Funding in August 2000.

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 ...

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