ReadWriteWeb

Identifying the right investors to approach for funding your startup can be challenging. ChubbyBrain hopes to make make that a little easier and equip entrepreneurs with more information and options with the launch today of its Funding Recommendation Engine.

The free services utilizes data from CB Insights, whose investment research we often cite here at ReadWriteWeb as a gauge of industry and investment patterns.

According to ChubbyBrain, a New York based research company dedicated to democratizing startup and investor information, VCs invested a total $5.329 billion in Q2 2009. This represents a nearly 61% increase over the $3.314 billion of investment ChubbyBrain tracked in Q1 2009. This is partly a story about signs of recovery, which is very encouraging. It is also a story about trusting data and the research methodologies used to collect data such as this.