2012 Colorado Startup Report
Monday, June 3, 2013
Report: Colorado tech companies raised $502 million in 2012
Denver Post, Techknow Bytes - June 3, 2013 - A new study shows that Colorado tech companies raised $502 million in 2012, with about 70 firms securing at least $1 million.
Denver-based companies raised $280 million, while Boulder firms reeled in $197 million, according to the Colorado Digital Startup report released Monday by Built In Denver.
Software companies accounted for 45 percent of the total raised, with business-to-business web services coming in second at 33 percent.
"The spotlight on Colorado’s digital technology economy is shining bright, as government, media, large corporations, major universities and investors from around the country are taking notice — and now we have the data to prove it,” Erik Mitisek, CEO Colorado Technology Association and chair of Built In Denver, said in a statement.