UK tech investments soar
The UK is leading Europe as the centre of venture funding for technology firms with €487m (£330m) invested during 2006.
Data compiled by investment monitoring firm Library House shows that the UK now ranks third in the world for venture funding after the states of California and Massachusetts.
The UK secured more than 27% of European venture capital deals across all sectors in 2006 totalling €1.78bn. California netted 1,367 deals totalling €9.1bn and Massachusetts 338 deals worth €2.1bn.
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