Venture Capital Funding in 2011:
Silicon Valley vs. Silicon Alley
31 January, 2012 Category: Silicon Alley, Startups No Comments 
Original post by Graceful via Find The Best
Venture Capital firms invested $28.4 billion into 3,673 deals last year—the third highest level in terms of dollar investments of the decade—with the majority of deals going into the software and biotechnology industries.
But exacty how did the breakdown of investments pan out when comparing tech startup hot spots Silicon Valley and Silicon Alley?
California still leading, but New York is rising
Comparing California and New York venture investments and deals, California’s Silicon Valley continues to dominate all other geographic areas, with California-based investing almost 6.5 times that of runner up New York-based investing in terms of dollars, and almost 5 times in terms of deals. But when comparing 2011 to 2010, VC investments in New York are rising 64.3 percent in terms of dollars and 10.2 percent in terms of deals, while investment in California is only rising 24.4 percent in terms of dollars and 5.0 percent in terms of deals.
