In the state of New York, you can find a lot of taxis, a lot of traffic, a lot of tourists, a lot of immigrants, a lot of restaurants...well, you get the point. Another thing the Empire State has a lot of is VC investment, and the trend is on the rise. According to the PitchBook Platform, 880 New York-headquartered companies have received VC funding since the beginning of 2009, spanning 1,467 deals. During that time, total VC financings in the state each year have steadily increased, doubling from 218 deals in 2009 to 441 deals in 2012. Among the deals contributing to last year’s bustling VC activity in New York was Fab’s $120 million financing.
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