Friday, 24 March, 2023

Venture Capitalist Accel Reports 42% Decline in Investment In Cloud Companies in Q3

<p>Investments in private cloud startups fell by 42% in the third quarter of 2022 in Europe, Israel, and the US, according to a research from venture capital firm Accel. During the first quarter of 2022, 51 cloud software developers raised money at valuations exceeding $1 billion. According to Accel&#39;s 2022 Euroscape report, just three providers of cloud software raised money in the third quarter with valuations over $1 billion.</p>