JLL Orange County’s latest tech investment overview provides insight and trends on tech companies being funded, leading investors, and a breakdown of industries receiving funding.
Orange County tech funding trends
Quarterly tech investment activity grew 22.5 percent in Orange County compared to 12 months ago, demonstrating capital continues to fund local innovation. Majority of the capital was placed in software companies, specifically firms whose client bases are businesses, rather than general consumers.
Some of the more active lead investors in the first quarter include Bessemer Venture Partners who invested in Restaurant365 and Partech Ventures who placed capital in NGD Systems. Over 80 percent of the companies that received funding are located in Irvine, which has led Orange County in becoming an emerging tech hub.
Visit our Orange County Research Group page for additional market insight: Orange County – Research