Feb 11, 2020 - Economy
Tech sees increased funding ahead of IPOs
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Tech companies are seeing significantly more funding before they go public.
What's new: Data from CB Insights shows that in the last eight years, the median amount of funding raised has jumped by more than four times to just under $300 million as of early December. That data includes IPOs or direct listings of U.S.-headquartered, VC-backed tech companies on major U.S. exchanges only.
Go deeper: Unprofitable company IPOs were a big zero in 2019
