Mobile Companies Connect With Almost $4B in VC Funding

http://www.wired.com/business/2012/08/mobile-app-funding/

Venture capitalists say mobile is the future and this year they’re putting their money where their mouths are. A report from M&A firm Rutberg & Co. covering the first half of 2012 shows firms invested $3.9 billion in mobile companies, everything from Jawbone and Viddy to Vox Mobile and Tango. That total is already 7 percent more than all the mobile-focused investments made in 2011, and 46 percent of all the venture capital invested in tech companies so far this year.