Cash continues to flow into the development of mobile consumer apps, according to a new report from M&A advisory firm Rutberg & Company.
Private companies in the mobile space generated some $3.9 billion in venture financing in the first half of 2012 alone.
During the one month period from July 1 through July 31, 96 private mobile companies announced $1.0 billion in new financings. Investments were primarily in the Enterprise Infrastructure, Consumer Application, and Telecom Infrastructure sectors.
The report also highlighted 50 M&A transactions during the period, including Apple’s acquisition of AuthenTec, Google’s acquisition of Sparrow, and eBay’s acquisition of Card.io.
Rutberg & Company says that 2011 had represented the largest year for mobile tech venture capital since 2001, and 2012 thus far is nearly $1 billion greater than the same period in 2011.