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The Most Well-Funded Tech Startup In Each US State

by Tech Mainstream Staff


June 18, 2019


The Most Well-Funded Tech Startup In Each US State


Currently tech start-ups no longer have to originate in California and New York only. Other US states are increasingly making strides in producing tech companies that are defined as start-ups. Although California and New York still lead the pack with California’s Uber, with $15.7B in disclosed equity funding and New York’s Infor ($4.1B in equity funding).

CBInsights recently delved into US state start-ups with the most funding for each state and have provided their report, "The Most Well-Funded Tech Startup In Every US State", stating exactly that:

"We identified the most-well funded VC-backed technology startups by state based on disclosed equity funding."

Funding from debt, loans, and lines of credit were excluded and only start-ups with at least $1M of equity funding since January 2014 were considered for inclusion in the report.

Some of the more prominent, well-funded start-ups include, Magic Leap $2.4 B (Florida), Avant $655M (Illinois) and Kabbage $490M (Georgia). The list includes 10 unicorn status companies valued at $1B+ including ride-hailing company Uber ($72B valuation), video game developer Epic Games ($15B valuation), and direct-to-consumer teeth alignment startup Smile Direct Club ($3.2B valuation). Twenty-nine companies have raised $100M or more in equity funding. Fifteen companies have raised less than $50M in equity.

 


 

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Tech Definitions in the News

Arduino is an open-source electronics platform based on easy-to-use hardware and software. It's intended for anyone making interactive projects. Arduino boards are able to read inputs - light on a sensor, a finger on a button, or a Twitter message - and turn it into an output - activating a motor, turning on an LED, publishing something online

Source: https://www.arduino.cc/en/Guide/Introduction/

Augmented Reality is an enhanced version of reality where live direct or indirect views of physical real-world environments are augmented with superimposed computer-generated images over a user’s view of the real-world, thus enhancing one’s current perception of reality.

Source: https://www.realitytechnologies.com/ augmented-reality/

Chatbot is a piece of software that interacts with users in a conversational way.

Source: https://snatchbot.me/insight/250/ intelligent-chatbots


Deep Learning is a new area of Machine Learning research, which has been introduced with the objective of moving Machine Learning closer to one of its original goals: Artificial Intelligence.

Source: http://deeplearning.net/


DevOps is a set of software development practices that combines software development (Dev) and information technology operations (Ops) to shorten the systems development life cycle while delivering features, fixes, and updates frequently in close alignment with business objectives. Different disciplines collaborate, making quality everyone's job.

Source: https://en.wikipedia.org/wiki/DevOps


Docker is a tool designed to make it easier to create, deploy, and run applications by using containers. Containers allow a developer to package up an application with all of the parts it needs, such as libraries and other dependencies, and ship it all out as one package.

Source: https://opensource.com/resources/what-docker


Edge computing is a distributed computing paradigm which brings computation and data storage closer to the location where it is needed, to improve response times and save bandwidth.

Source: https://en.wikipedia.org/wiki/Edge_computing


FogHorn is an intelligent Internet of Things ( IoT) edge solution that delivers data processing and real-time inference where data is created.

Source: https://aws.amazon.com/blogs/architecture/foghorn-edge-to-edge-communication-and-deep-learning/


Hybrid Cloud is a computing environment that combines a public cloud and a private cloud by allowing data and applications to be shared between them.

Source: https://azure.microsoft.com/en-us/overview/what-is-hybrid-cloud-computing/


Kubernetes (k8s) is an open-source system for automating deployment, scaling, and management of containerized applications.

Source: https://kubernetes.io/blog/



WWW2 and WWW3 (k8s) are hostnames or subdomains, typically used to identify a series of closely related websites within a domain, such as www.example.com, www2.example.com, and www3.example.com; the series may be continued with additional numbers: WWW4, WWW5, WWW6 etc. 

Source: https://en.wikipedia.org/wiki/WWW2


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