Having space to store important things is vital; grandpa’s war memorabilia, grandma’s antiques, that couch that you just can’t get rid of—oh, we’re talking about storing computer data? Well, that’s important too. In the last ten years, VC investors have completed 211 investments involving U.S.-headquartered IT storage companies, according to the PitchBook Platform. Not surprisingly, the majority of those financings (53%) were for companies based in California, but some smaller states have accounted for relatively sizeable chunks of the total deal count in the space—including Massachusetts (nearly 15%) and Colorado (over 7%).
PitchBook Platform users can click on the chart above or here to customize it.