Startup Funding Continued On A Tear In November As Megarounds Hit 3-Year High

November was another outsized month for venture funding as investors poured $39.6 billion into startups globally.  The funding total was on par with October and up 28% year over year from $31 billion, according to Crunchbase data.

Capital continued to concentrate into the largest companies. A stunning 43% of venture funding last month went to just 14 companies that raised rounds of $500 million or more each. That marked the largest number of such megarounds raised in a single month in the past three years. READ MORE