February 16, 2016 Comments Off on High-Tech Investment Up 94-Percent in 2015 Views: 975 Orange County

High-Tech Investment Up 94-Percent in 2015

High-tech investment volume remains strong in Orange County, recording more than $100-million in five consecutive quarters, with the software industry attracting the highest amount of venture capital funding, according to a report from JLL.

With $608.9-million raised in 2015, total funding is 94-percent higher compared to 2014. The funding is concentrated in the Airport Area and South County submarkets. Growth in the high-tech sector has been a key driver in Orange County’s growing economy and commercial real estate market.

Companies located in the city of Irvine drew the most VC funding at more than $384-million, while Newport Beach came in a distant second at $60-million.

Read More at JLL

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