startups

Venture Funding Flows to New York City Tech Startups


New York City startups have been snapping up increasingly lucrative deals in recent years.

While Silicon Valley continues to lead venture-capital funding in the U.S., investors are also writing big checks to Big Apple companies. New York startups closed nearly 1,500 deals worth $12 billion last year, nearly double the $6.3 billion in capital invested in 2014 for a similar number of deals, according to the New York City Economic Development Corporation.



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