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Founded by Rich Bendis

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Jan 17 (Reuters) - Venture-capital firms ramped up their investments last year and last quarter, particularly in the red-hot software sector, according to a report from the National Venture Capital Association and consultancy PriceWaterhouseCoopers.

For the year, venture firms invested $29.36 billion in startups, a 7 percent increase over $27.32 in 2013. For the quarter, they invested $8.37 billion in start-ups, 20 percent more than the same time last year and more than any quarter since the end of 2007.

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