There’s been a flurry of good news for tech companies here in Northeast Ohio. Just last week, The Venture Capital Task Force announced that in 2012, 105 tech-based companies in Greater Cleveland raised $201 million from venture capitalists and angel investors, activity representing a 34 percent increase from 2011. Investors from all across the nation continued to discover the region’s investment opportunities, with 28 out-of-state funds making first-time investments in the region last year. “The breadth and quality of first-time Northeast Ohio investors in 2012 speaks to the region’s growing reputation,” says Lynn-Ann Gries, JumpStart Chief Investment Officer. Since 2007, more than 150 organized equity investors have put money into Northeast Ohio.
To read the original article: Breaking News | A Promising Start To 2013
