Venture capitalists favor Silicon Valley, but Silicon Alley is rising fastJoin our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Despite a still sluggish economy, venture capital firms poured a total of $28.4 billion into 3,673 deals last year—one of the highest levels of dollar investments of the decade—with the majority of deals going into the software and biotechnology industries. The annual figu
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