Investors have become a vital part of most tech Startups and a number of really great Startups have emerged from investments of several Venture Capital firms. This encourages more entrepreneurs to search and apply for investment to kick start or boost their existing companies.
VC firms play a major role in financing Startups and essential support to existing companies for them to grow. Any new Startup requires adequate funding based on their burn rate and most can calculate the date they will run out of seed capital.
Many Venture Capitalists finance specific types of businesses or technologies and early stage funding is particular difficult to obtain globally. Finance for such new Startups should be found by approaching the right type of Venture Capital firm. e.g one that backs your type of company in that market sector but not usually a direct competitor.
» Read more: Top Five Venture Capitalist Firms Investing In Technology Startups