Consumer services was the strongest sector, with 171 deals garnering almost $3.9 billion and accounting for 28% of total equity investment, the report said. Business and financial services received 24% of equity investments, with $3.3 billion put into 242 deals, up 4% from the first quarter.
Uber, a San Francisco provider of on-demand transportation, garnered the largest amount of investment, with $1.2 billion from a variety of groups. AirBnB followed with $450 million in funding, while the social site Pintrest received $200 million.
Investments in IT decreased 13%, with $3 billion invested in 236 deals, but remained the third-largest investment sector. Pure Storage, a vendor of flash memory storage systems, lead the IT sector with $225 million in investments.
Healthcare tied with IT as the third-largest investment sector, raising $3 billion in 201 deals, a 33% drop from the first quarter.
Next page: Funding by geography