AM_OrangeCounty Why_SoCal_Tech | Page 17

…and only the best ideas get funding In order to grow, companies need to access to capital. Investment volume for Southern California- based companies remains high as other markets become overly saturated. The continued flow of new capital is putting both startups and mature companies in positions to expand. Tech firms currently located in Southern California and those looking to relocate here can see investment activity is strong in the market. Recent large investment rounds include Snap ($2B), Fair ($1B), SecureAuth ($200M), Brain Corporation ($114M), and Cylance ($100M), demonstrating the wide spectrum of industries raising capital. Capital funding for tech industry $2,700 120 $2,400 100 $2,100 $1,800 80 $1,500 60 $1,200 $900 40 $600 20 $300 Funding volume Source: JLL Research, PWC Moneytree # of deals 0 $0