Detailing the trends and players in Los Angeles’s growing technology venture capital ecosystem.
From CB Insights:
“Los Angeles has its roots firmly in the entertainment business and the creative industries. But over the past several years, the greater LA area has developed a burgeoning array of tech startups operating in diverse markets ranging from eCommerce to mobile messaging to multi-channel networks. Among the emerging tech companies that call LA home are Snapchat, Nasty Gal and Fullscreen.
And while venture capital financing to the LA tech ecosystem trails that of other U.S. venture markets such as New York and Silicon Valley, it’s clear that venture capital investors see the Southern California hotbed as an increasingly attractive area for tech innovation and creativity that can appeal to the masses. Since the start of 2009, venture investors have deployed $3.5 billion across 525 deals involving tech companies in the greater Los Angeles area…”