PE Hub has a feature on the less spectacular side of technology investment, enterprise software and networking. The article points out that consumer Internet companies capture the headlines and attention but that the exits have been strong, with enterprise representing 70% of venture exits in the last two years, and a value of USD 500 million.
These exits have “also outperformed” consumer Internet ventures post-IPO. “Of the top 10 largest IPOs in the last 2 years, all the enterprise companies in that bracket are trading above their offering prices,” reported PE Hub. The article concludes that despite the reduction in spending among businesses, growth is predicted for enterprise sector innovators driven by the increasing expansion of computing power and the growth of big data.