Last year saw over 450 venture-backed tech companies exit via acquisition or public offering. Using CB Insights exit data, we wanted to highlight which sub-industries within the Internet and mobile sectors saw the highest share of venture-backed tech M&A or IPO exits in 2013?
There were 11 different sub-industries within Internet and mobile software & services that notched 10 or more venture-backed M&A or IPO transactions last year. And as the chart below highlights, eCommerce firms saw the highest amount of venture-backed exit activity, followed by advertising, sales & marketing tech. While these two tech markets saw exits that were large (Zulily and Criteo, for example) and small in 2013, both sub-industries currently count the highest number of companies on the Tech IPO Pipeline and so are well positioned for additional high-profile wins in 2014.