Flash Memory Highlights:
Flash memory combined venture funding for 2011 to 2013 tops $1B with $300M invested in just the first 6 months of 2014. M&A has also been very active with 9 deals in 2013 totaling over $2B in consideration. M&A remains hot with 4 deals through the first 6 months 2014 totaling $1.7B in consideration.
• There is plenty of venture fuel left in the tank
• Expect more funding at both ends of the IT spectrum
• Later stage rounds will dominate with fewer A rounds
• M&A likely to remain hot for the next 12 to 18 months
• Expect some fantastic exits and some fantastic failures
• Yep, there is a bubble here but do not expect a loud pop