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$18.6M in venture funding for 3 LI tech firms

Originally published: February 6, 2012 8:22 PM
Updated: February 7, 2012 11:51 AM
By CARRIE MASON-DRAFFEN  carrie.mason-draffen@newsday.com

Quick ReadThree Long Island companies received a total of $18.6 million in venture capital funding in the fourth quarter of 2011, continuing a winning streak for the year, according to a new report.

Three local companies have received a total of

Photo credit: iStock | Three local companies have received a total of $18.6 million in venture capital funding.

Three Long Island companies received a total of $18.6 million in venture capital funding in the fourth quarter of 2011, continuing a winning streak for the year, according to a new report.

For all of 2011, Long Island companies received $45.7 million, more than double the $21.4 million the year before, according to data in the MoneyTree Report by PricewaterhouseCoopers and the National Venture...

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