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Follow the money

Over the past 5 years, a growing percentage of venture funding has been going to technologies targeting early stage research. In 2000 alone, research-related funding accounted for $3.2 billion (55%) of the amount raised in both research activities and product-focused areas. Totals are in millions. % is of that year's total; YTD as of Aug. 17, 2001. Money invested is double-counted because many