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OC Tech Funding Tops $100M in 3Q

Wednesday, October 31, 2018

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Orange County tech funding is growing. According to research from JLL, there was $106 million in total tech funding in the third quarter. It was the second consecutive quarter when tech funding surpassed $100 million and the fourth consecutive year when tech funding has surpassed $500 million.

Venture capital and private equity has made up a bulk of the tech funding in the market, and a majority of the capital has gone to IT and software companies.

Source: Globe St.

Related article: Heavy Concentration of Orange County Startups Located in Irvine

Category: Economic Development