Erick Schonfeld over at Techcrunch.com details the Venture Capital funding for 2007 based on a report by PriceWaterhouseCoopers and National Venture Capital Association. It’s been the craziest year since 2001. Ok, so it may not be a bubble as far as this report goes, but I find myself wondering about its existence in India. Lot of hype, lot of trades, not many revenue models - that’s a bubble right? Some interesting facts:

• $4.6 billion in internet deals -> + 12% y-o-y
• $5.27 billion in software - biggest sector
• $7.2 billion or 1267 deals - first time financings
• $6.3 billion or 1410 early stage deals -> + 11% y-o-y
• $12.2 billion or 1168 later stage deals -> + 41% vs. 37% in previous year
• Study represents 480 venture capital and private equity funds
• $2.2 billion in clean tech - fastest growing sector