Study: DC-area Ranks 10th In Venture Investment

We know from following the Rise of the Rest that D.C. isn’t in the top three for metros venture capital investments, but a new study said it makes the top 10.

Writing at CityLab, Richard Florida offered up the data in an article examining the investments across various cities earlier this week. According to Florida’s findings, the DMV area raked in $1.09 billion in venture capital investments in 2016.

This billion-dollar investment ranks the DMV number 10 in the top list of metro areas, coming closely under the Chicago area which ranked ninth with $1,245,000,000. (Silicon Valley is, to no surprise, ranked number one.)

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