<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<!--Web 2.0 Content Powered by MyST Blogsite® (http://blogsite.com)-->
<!--A service of MyST Technology Partners, Inc. (http://myst-technology.com)-->
<?xml-stylesheet href="http://blog.updatapartners.com/public/styles/etc/object.xsl" type="text/xsl"?>

<?myst-baseUrl http://blog.updatapartners.com/public/?>

<MySmartChannels Public="true" UserID="125356" dT="82" t0="1231278964881">
     <GetChannelItem_Result>
      <Item>
       <Resource>
        <ObjectID>136164</ObjectID>
        <ObjectClass>Resource</ObjectClass>
        <OwnerID ObjectClass="Domain" Title="[Weblog 4] Technology Investors">125364</OwnerID>
        <CreatedByID ObjectClass="User" Title="rdvorak">126221</CreatedByID>
        <ModifiedByID ObjectClass="User" Title="rdvorak">126221</ModifiedByID>
        <CreateTime Title="2006-07-30 23:42:20 EDT">1154317340562</CreateTime>
        <ModifyTime Title="2006-07-30 23:42:20 EDT">1154317340562</ModifyTime>
        <SecurityModel>Controlled</SecurityModel>
        <Name>Q2 2006 Venture Capital Investing Reaches Highest Level Since 2002 at $6.3 Billion</Name>
        <Summary>Software VC Funding Accounts for Almost 30% of Q2 2006 Investments</Summary>
        <Description>&lt;font face="TimesNewRoman"&gt;&lt;p align="left"&gt;PricewaterhouseCoopers and the National Venture Capital Association &lt;a title="MoneyTree Q2 2006" href="http://www.nvca.org/pdf/MoneytreeQ22006.pdf" target="_blank"&gt;announced&lt;/a&gt;&amp;nbsp;the results of this quarter's MoneyTree Report, citing the highest investment level since 2002.&amp;nbsp; First-time financings reached a five-year high.&lt;/p&gt;&lt;p align="left"&gt;Software investments accounted for&amp;nbsp;almost 30% of the investments made in Q2 2006.&amp;nbsp; Software and Internet-Specific funding combined accounted for close to 35% of the $6.3 Billion invested in this quarter.&lt;/p&gt;&lt;/font&gt;</Description>
        <ResourceTypeID ObjectClass="ResourceType" Title="Item:Content">10</ResourceTypeID>
        <ContentType>application/xml</ContentType>
        <ContentDocument>
         <ItemProperties>
               <CommonProperties>
                <Hidden>false</Hidden>

                <Keywords>
                 <Keyword>MoneyTree</Keyword>

                 <Keyword>NVCA</Keyword>

                 <Keyword>PricewaterhouseCoopers</Keyword>

                 <Keyword>software VC funding</Keyword>

       </Keywords>

      </CommonProperties>

               <RemoteInfo>
                <UserAgent>Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.1; SV1; .NET CLR 1.1.4322)</UserAgent>

                <RemoteHost>127.0.0.1</RemoteHost>

                <RemoteAddr>127.0.0.1</RemoteAddr>

                <RemoteUser>rdvorak</RemoteUser>

      </RemoteInfo>

     </ItemProperties>
        </ContentDocument>
       </Resource>
       <Shares/>
       <Subjects/>
       <UserPermissions>
        <CanDelete>false</CanDelete>
        <CanDiscover>true</CanDiscover>
        <CanEdit>false</CanEdit>
        <CanEditPermissions>false</CanEditPermissions>
        <CanRead>true</CanRead>
       </UserPermissions>
       <CommentInfo>
        <CommentChannelRef Inherited="true">
         <ChannelID ObjectClass="Channel" Title="[Public] Public Comments">174197</ChannelID>
         <UserPermissions>
          <CanCreateChannelItem>false</CanCreateChannelItem>
          <CanDelete>false</CanDelete>
          <CanDiscover>true</CanDiscover>
          <CanEdit>false</CanEdit>
          <CanEditPermissions>false</CanEditPermissions>
          <CanPublish>false</CanPublish>
          <CanRead>true</CanRead>
         </UserPermissions>
        </CommentChannelRef>
        <Comments/>
       </CommentInfo>
       <Views>
        <SourceID ObjectClass="Channel" Title="[Weblog 4] Technology Investors">125364</SourceID>

               <View>
                <Name>blog</Name>

                <Model>blogsite/Updata/web</Model>

                <Style/>

                <Scheme/>

       </View>

               <View>
                <Name>edit-item</Name>

                <Model>blogsite/Updata/web</Model>

                <Style/>

                <Scheme/>

       </View>

               <View>
                <Name>left</Name>

                <Model>blogsite/Updata/left-content</Model>

                <Style/>

                <Scheme/>

       </View>

               <View>
                <Name>right</Name>

                <Model>blogsite/Updata/right-content</Model>

                <Style/>

                <Scheme/>

       </View>

               <View>
                <Name>wide</Name>

                <Model>blogsite/Updata/wide-content</Model>

                <Style/>

                <Scheme/>

       </View>

      </Views>
        <Views>
         <SourceID ObjectClass="Channel" Shared="true" Title="[Public] Updata Partners Blog">125406</SourceID>

                <View>
                 <Name>blog</Name>

                 <Model>blogsite/Updata/whatsnew</Model>

                 <Style/>

                 <Scheme/>

       </View>

                <View>
                 <Name>edit-item</Name>

                 <Model>blogsite/Updata/web</Model>

                 <Style/>

                 <Scheme/>

       </View>

                <View>
                 <Name>left</Name>

                 <Model>blogsite/Updata/left-content</Model>

                 <Style/>

                 <Scheme/>

       </View>

                <View>
                 <Name>right</Name>

                 <Model>blogsite/Updata/right-content</Model>

                 <Style/>

                 <Scheme/>

       </View>

                <View>
                 <Name>wide</Name>

                 <Model>blogsite/Updata/wide-content</Model>

                 <Style/>

                 <Scheme/>

       </View>

      </Views>
        </Item>
       </GetChannelItem_Result>
      </MySmartChannels>
