Venture capital appears to be on the rise in the Denver area and throughout Colorado. That is good news for startups, as they benefitted from $158 million in funding statewide for the third quarter. That figure is almost double the amount invested for the same quarter last year. It also appears that most of the venture capital funding stayed in the Denver and Boulder areas. In particular, two alternative energy companies received almost half the third quarter allotment. In all, the third quarter funds were divided between 876 startups, a 3 percent rise from the same period last year.
The personal tablet computer has taken the world by storm. People in Colorado and across the country are scrambling to get their hands on one of these state-of-the-art handheld devices that allow users the convenience of instant communication and computing on the go. Both the Apple iPad and the Samsung Galaxy Tab are in high demand and one would think there'd be enough target demographic to go around. However, the two technological giants are engaged in a battle over intellectual property and the battleground is expanding.