Startup businesses are an important part of the Australian business scene. For example, in 2014, venture capitalists invested over $500 million into more than 100 firms, driven largely by a $250 million investment from U.S.-based Insight Venture Partners into Campaign Monitor. Even without that large investment, in 2015, more than 40 companies in Australia received over $200 million in venture capital funding, with an average per-firm investment of $2.4 million.