$3.5 bln of venture money invested in software startups in Q1-Q3 2005

VC investments into software startups dipped in Q3 2005, but retained its position as the largest single industry category with 185 companies capturing $1.0 bln, according to the National Venture Capital Association. From the beginning of 2005, Software category amounted to $3.5 bln in 627 companies, lagging full-year 2004 with 881 companies and $5.2 bln.