Post by Logan on Jan 15, 2016 1:43:23 GMT -6
Venture capitalists put $226 million into Oregon entrepreneurship last year, according to data compiled by PricewaterhouseCoopers and the National Venture Capital Association. That's up 20 percent from 2014 and the highest one-year tally since 2007.
Nationally, 2015 venture dollars totaled $58.8 billion, up slightly less than 16 percent.
Oregon's technology ecosystem is thriving and employment is soaring. Much of the growth comes from out-of-state companies, though, including Intel, New Relic and Amazon. Venture investment helps build homegrown businesses, which economists say are key to the long-term future of Oregon tech and the regional economy.
So the continued growth in venture dollars is a positive sign, especially since investment has been on an upward trajectory for the past four years. Still, Oregon's venture dollars are a tiny fraction of what California and Washington receive.
Continue reading at www.oregonlive.com/silicon-forest/index.ssf/2016/01/oregon_venture_capital_surged.html .
Nationally, 2015 venture dollars totaled $58.8 billion, up slightly less than 16 percent.
Oregon's technology ecosystem is thriving and employment is soaring. Much of the growth comes from out-of-state companies, though, including Intel, New Relic and Amazon. Venture investment helps build homegrown businesses, which economists say are key to the long-term future of Oregon tech and the regional economy.
So the continued growth in venture dollars is a positive sign, especially since investment has been on an upward trajectory for the past four years. Still, Oregon's venture dollars are a tiny fraction of what California and Washington receive.
Continue reading at www.oregonlive.com/silicon-forest/index.ssf/2016/01/oregon_venture_capital_surged.html .