U.S. venture capital funding surpassed 2001 levels in 2014 coming in at $47.3 billion, but that funding is far from equally distributed across the 50 states.
In fact, California saw $6 billion more of VC funding than all 49 other states combined plus Washington D.C. in 2014. In total, California-based companies raised $26.84 billion across 1631 deals while non-California states plus D.C. saw aggregate funding of $20.46 billion across 1986 deals.
These stats demonstrate how the largest deals in venture from Uber to Cloudera to Pinterest AirBnB drive funding totals and especially the dominance of Silicon Valley. Many of the candidates in the 2015 Tech IPO Pipeline also call California home.
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This report was created with data from CB Insights’ emerging technology insights platform, which offers clarity into emerging tech and new business strategies through tools like:
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