Quarterly Deal Book - Investment Falls 30% As Late-Stage Funding Slows

Tech investment in the first half of 2015 was defined by billion-plus rounds and ever-inflating valuations, as well as the underlying sense that this was simply not sustainable. As a result, the second half of the year saw the amount of capital pumping into digital companies decline with Q3 2015 seeing the first drop in total funding in five quarters. This trend continued into the final quarter of the year, suggesting that the long-foretold slowdown in investment finally arrived.