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.

 


 TECH IN A SECOND     

  • 10-19-19 Exclusive: Huawei in early talks with U.S. firms to license 5G platform - Huawei executive
  • 10-19-19 Google Ads debuts ‘conversions by time’ reporting
  • 10-19-19 Ecommerce will account for a third of all global chain retail sales in five years
  • 10-17-19 Synamedia and Triveni Digital Join Forces to Transform TV Viewing Experience
  • 10-17-19 Aupera Receives Strategic Investment from Xilinx to Enable Video and AI Acceleration from Cloud to Edge Data Centers
  • 10-17-19 Red River Earns Managed Service Provider Partner Status from Amazon Web Services
  • 10-16-19 Keysight Technologies to Spotlight Solutions that Accelerate Innovation in All Things Smart at IoT World Congress 2019
  • 10-16-19 FCC approves merger of T-Mobile, Sprint on vote split on party lines: sources
  • 10-16-19 Cognex Acquires SUALAB to Advance its Leadership in Deep Learning-Based Machine Vision
  • 10-16-19 NXP and SQL Server Support Added to Windows IoT
  • 10-15-19 Avaya Announces Strategic Partnership with RingCentral
  • 10-15-19 Tesla to start Powerwall home battery installations in Japan
  • 10-15-19 Microsoft announces TechSpark El Paso-Juárez
  • 10-15-19 World’s Most Respected Workplace Safety Advocate Chooses AlertMedia Emergency Communication System to Protect its Employees
  • 10-15-19 Formstack Announces Online Document Generation Software, Formstack Documents
  • 10-15-19 Google Pixel 4 Presale Begins Today at U.S. Cellular
  • 10-15-19 Samsung and Zoom Team up to Deliver Integrated Zoom Rooms Hardware Solution
  • 10-14-19 ADT Further Expands Mobile Reach with Lyft Partnership
  • 10-14-19 Nokia and Hutchison 3 complete first 5G end-to-end live network trial in Indonesia
  • 10-14-19 Orion Registrar Accelerates Its Digital Transformation Using K2 Cloud Software for Process Automation
  • 10-14-19 NETGEAR Expands the Orbi Family With New Dual Band Mesh System ­­— Slim and Sleek Design With Powerful WiFi
  • 10-14-19 Flexera Research Finds Improved Software Usage Insights Will Drive Next Era of Software Monetization
  • 10-14-19 Azure Spring Cloud Debuts for Managed Java-Based Microservices
  • 10-13-19 CIS Azure Security Foundations Benchmark open for comment
  • 10-13-19 MuleSoft Announces Anypoint Service Mesh, Extending the Power of Anypoint Platform to Any Microservice
  • 10-13-19 Global Juicer Market 2019-2023 | Growing Adoption of Smart Juicers to Boost Growth | Technavio
  • 10-12-19 The State of SEO 2019 – Infographic
  • 10-12-19 Practical ASP.NET Writing the Code for a gRPC Service and Client in ASP.NET Core 3.0
  • 10-12-19 Microsoft To Launch Enterprise Security 'Hygiene' Effort with NIST
  • 10-12-19 A Breakdown of HTML Usage Across ~8 Million Pages (& What It Means for Modern SEO)

Read All News...


Upcoming Tech Events

October 6-10, 2019- Visual Studio Live Chicago 2019

October 8-11, 2019- Future in Review Conference

October 23-24, 2019- Android Dev Summit

October 23-24, 2019- NexGen 2019 Conference

October 29-30, 2019- Training Seminar: SQL Server Live!

November 4-6, 2019- NVIDIA’s GPU Technology Conference

November 4-8, 2019- Microsoft Ignite

November 4-10, 2019- Cloud & DevOps Security Summit

November 5, 2019- Software Defined Operations

November 5-6, 2019- NVIDIA’s GPU Technology Conference

November 13-14, 2019- SMX® East

November 17-22, 2019- Visual Studio Live! Orlando

November 19-22, 2019- Open Data Science Conference

December 2-3, 2019- Future Compute

December 10-11, 2019- Global Growth Marketing Conference 2019

February 19-21, 2020- SMX West 2020

June 8-10, 2020- SMX Advanced 2020

 


Tech Definitions in the News

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


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


Did You Know?

Duck Duck Go Search Engine has six different themes to choose from for its search interface.


Tech Gallery

LG SIGNATURE OLED TV R9 - 4K HDR Smart TV
Image Credit: LG