Venture capitalists have started the new year with a bang.

According to data from CrunchBase, venture capitalists invested a total of $5.8 billion during the month of January, compared with $3.5 billion during the same period in 2013.

Software companies led all industries with more than $1 billion in investments in a total of 117 funding rounds, compared with $597.3 million in 129 rounds in January 2013, TechCrunch reports. Companies in the enterprise, clean tech, e-commerce, hardware, mobile technologies, health-related technologies, advertising, and financial services sectors all saw increases in investments in January 2014 compared with the same month last year.

New York-based Insight Venture Partners ranked No. 1 in funding in January with $407 million. BlackRock, another New York firm, ranked second with $330 million but made the biggest single investment for the month--a Series C round of $250 million in Dropbox

CrunchBase is an open-source database that allows anyone to add information on companies and venture capital investments, so the increase in January investments the report found could in part reflect an increase in information collected in the database. CrunchBase added 3,600 funding rounds to its records and 22,000 new company profiles in January, according to a post on the site.