Seattle, Los Angeles and Washington emerge as vibrant start-up areas
The fastest growing major centers of U.S. venture capital investment are Seattle, Los Angeles, and the Washington DC metro area, all quietly growing their venture base over the last ten years, according to the National Venture Capital Association.
Silicon Valley and New England remain the country’s leading regions for investment, but New England has seen its portion of the overall investment pie shrink, even as these other regions have grown. Silicon Valley has kept its portion relatively constant — at about a third of the overall total.
Smaller regions seeing strong growth include New Mexico and Pittsburgh. Here are the findings (downloads Word file).
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
