Web 2.0 Weekly - 09-05-26

In May 2009, average financing values for web 2.0 companies have fallen below $6 million, despite total month-to-date financings reaching $106.6 million, with the largest single financing at $20 million from One Net. The web 2.0 universe consists of 93 companies with a combined market cap of approximately $50 billion and an average trailing revenue of $152 million. Overall, stock performances were positive, with 31 companies reporting increases, significantly led by Openwave Systems with a 49.2% return.