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The article deals with the decision of some venture capitalists in the U.S. to focus their investments on businesses across the country. It is stated that venture capitalists are realizing that it's just as profitable to look for deals stateside as overseas. According to the author, Texas is an obvious choice for many, because of strong research universities and volumes of high-tech talent. Eric O'Brien, general partner of Menlo Park, California-based Lightspeed Ventures, relates the advantages of having several investments in Texas.

The article offers information on the importance of subsurface utility engineering (SUE). All engineering projects that involve making changes to the existing ground have increased risks. Therefore, SUE should be implemented as a risk management tool. Through SUE, the designer is confident in the information shown at each stage of the design. Thus, enables the designer to make realistic design changes or relocation of utilities.

The article reports that due to mounting venture activity in Asia and the U.S., venture in Europe in getting affected. European companies are experiencing high in venture capital. According to Dow Jones VentureOne and Ernst & Young, investors are not scared to take risks in early-stage rounds and emerging industries. The communications and networking and alternative energy sectors in the U.S. are getting maximum profit. Plastic Logic Ltd of Great Britain got the profit up to $107.8.

The article reports on the grant of second-round funding for Krugle's effort of increasing its staff and in building its product. The total amount of funding totaled $ 6.1 million. The company's product is intended to help programmers get their hands on code and other technical information. Searchable items include source code, technical terms and white papers.