Funding Web 2.0, Venture Capital

No doubt that money is flowing into Web 2.0, however you define it.

VentureOne defines it as business models organized around some combo of user generated content, networking, and collaboration. They just came out with the latest numbers on 1st half 2006.

Here's a quick summary:

• $262.3 million of venture capital into 49 Web 2.0 startups in the U.S. in the 1st half of 2006
• Consumer models are hot. They soaked up 63% of the funds at $165.3 million in the first half (27 deals)
• Median deal size for Web 2.0 companies was $4.4 million, 41% lower than the $7.5 median for venture financings on the aggregate