Monthly Archives: September 2016

Irvine leads tech VC funding in Orange County

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Orange County chart of the week

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  • In the first half of 2016, software companies received $229.6 million in VC funding, comprising of 77 percent of year-to-date high tech VC activity in Orange County.
  • Firms that received large investments include Cylance (software) $100M, Greenwave Systems
    (software) $45M, Acorns Grow (software) $30M and Stance
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Where are new O.C. residents coming from?

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Orange County chart of the week9-12-16_cow_cropped

  • Between 2009-2013, Orange County gained 135,000 new residents, with 14 percent coming from abroad.
  • Domestically, San Francisco (6,500), Dallas (3,000), and Seattle/Phoenix (2,000) had the largest impact on Orange County’s population gains.
  • California residents accounted for 60 percent of total migration flow into Orange County.

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Medtech VC funding strong in Orange County

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Orange County chart of the week

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  • As of Q2 2016, there were 21 closed investment rounds during the last 12 months for a total of $319.7 million in venture capital funding to Orange County medtech firms.
  • Firms located in Irvine received the largest amount of funding ($195.6M), followed by San Clemente
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