The Bay State has fallen one notch to become the third best destination for technology venture capital funding, according to a new report analyzing the “Tech IPO pipeline” from CB Insights.
New York has trumped Massachusetts by one company — the Empire State has 41 VC- and private-equity-backed technology companies with valuations, real or rumored, over $100 million, compared to Massachusetts’ 40 companies.
California took top honors, as it is home to nearly 50 percent of the 472 U.S. tech IPO pipeline companies, according to the report. Texas and Washington rounded out the top five.
To read the full, original article click on this link: New York inches past Massachusetts on ‘tech IPO pipeline’ list - BostonHerald.com
