Record $4B Raised in Mobile VC in the First Half of 2012

Record $4B Raised in Mobile VC in the First Half of 2012

According the latest figures from investment bank Rutberg & Co., mobile consumer apps were by far the most popular area for investment among VCs in the first half of this year, accounting for $1.009 billion in value, or just over one-quarter of the $3.9 billion invested in mobile companies worldwide — itself the highest level of mobile investment activity since Rutberg initiated coverage in 2001, and growing by $1 billion over the same period a year ago.  see http://www.rutbergco.com/equity-research/analyst-quotes/20120819.html