Investment in privately owned mobile technology company represented almost half of all technology investment (46%) in the first six months of this year.
This is just one of the data points that Rutberg and Co revealed in a slide deck of its latest research on VC investment in mobile, which was reported in several media outlets. The first half of this year saw the highest level of mobile investment since Rutberg initiated coverage in 2001. Furthermore, 2012 mobile VC investments are currently up by USD 1 billion compared to the first half of 2011, which was the largest year for mobile tech venture funding in a decade, reports FierceMobile.
There were also 50 M&A transactions announced during the period, for example, Apple’s acquisition of AuthenTec and PayPal’s purchase of Card.io, said the same source.
Rutberg analysts said that there is a “tremendous level of early stage activity”, with 61% of deals in 1H12 having a deal size of USD 5 million or less, as compared to 59% in 2011, 48% in 2010, 48% in 2009, and 25% in 2008.
Private equity giant KKR invested in US based audio technology startup Sonos, pointed out PE Hub. Dealmarket Digest notes that investments are increasingly global, but Europe is lagging. Of the top 25 deals in mobile, only two were European startups, namely SoundCloud (Berlin) and Linkem (Rome). Silicon Valley still rules the roost with 15 of the 25 largest deals, but it was an Indian and Chinese company, one for each country, that captured the two largest rounds. Read more: Rutberg & Company Wireless Industry Newsletter July 2012. Image source: Rutberg & Co.