High-tech venture capital investment volume declined in Orange County from 12 months ago with several markets throughout the country experiencing a slowdown. This is primarily due to valuations getting corrected and investors allocating more time for due diligence, which means investment rounds are taking longer to close.
With the Bay Area becoming increasingly saturated,startups are likely to look at locations in emerging markets. Of the total funding in Orange County, $61.0 million was invested in companies in the expansion stage, $7.0 million was invested in firms that are in the early stage round and $1.7 million was placed in startup/seed investments. Majority of the funding is concentrated in the Airport Area and South County.
Visit our Orange County Research Group page for additional market insight: Orange County – Research