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News & Press: Colorado Technology Industry

Is Denver the next Silicon Valley?

Thursday, March 28, 2013   (0 Comments)
Posted by: Julie Chiron
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CTA member Chris Basham of TrackVia featured in 9 News segment.

A Denver businessman is on a mission to establish our city as the new Silicon Valley. He says there are a lot of things that make the Mile High city an easy sell for budding entrepreneurs.

Chris Basham is the COO and co-founder of TrackVia, a company that makes cloud-based softwarethat other companies can use to build customized online spreadsheet and business-tracking tools. Last year, they won a $7.1 million venture capital investmentthat went into expandingTrackVia's engineering, national marketing and sales.

Basham saysventure capitalistsare one reasonDenveris bursting with thriving tech start-ups. Besides TrackVia,other examples includePhotobucket, Rally Software, and ReadyTalk. He believes other factors that are powerfullures for new tech firms includethe city's cost of living, and its beauty.

A number of other factors are also at play. Colorado is ranked #8 on CNBC's list of best states for business. Metro Denver scored #5 on Forbes' 2012 "Best places for business and careers" list, while Fort Collins came in at #3. USA Today ranks Boulder/Denver as a top 10 city for technologystart-ups. Moreover, Colorado, on a per capita basis, is well ahead of other states in the areas of green technology, health care, telecom, energy, aerospace, bioscience, high tech, health food and organics.

Watch the clip:

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