I saw a couple of interesting articles about NY tech this week. Hannan, our summer intern from France, pointed out this Huffingtom Post story: NY Startups Help Fuel High-tech Renaissance. It quotes NY Tech Meetup’s Andrew Rasiej:
“There is a renaissance in the New York tech community…In the same way that hardware married software and created the legend of Silicon Valley, technology is marrying content and creating entirely new opportunities in New York City.”
The article also cites some impressive numbers that chart the growth of NY tech:
From 2007 to 2011, nearly 500 startups in New York received investment. While startup funding dropped 10 percent nationwide during that period, it rose 32 percent in New York. More than a dozen established tech startups have moved to the city from tech hubs like Silicon Valley and Boston, and the number of IT jobs in New York has risen 30 percent since 2007, according to a recent report from the Center for an Urban Future, a think tank based in New York City.
The NY Daily News published an article earlier this week: NY Tech Companies Get Big Lift from VC Boom. It starts:
New York is raking in the deal dollars.
For the second quarter in a row, New York state surpassed Massachusetts as the country’s No. 2 destination for venture capital deals, though it still ranks behind venture capital king California, according to a new report from CB Insights.
The article goes on to list the types of companies – and names some specific ones – that got funded recently
