2014 was a breakout year for New York VC funding with total funding up 53% YoY. Q1 2015 saw this trend of growth continue. Digital Investments in New York Marketing companies represented 37% of all Digital NY deals and eCommerce represented another 30% of all Digital NY deals. Since 2006, nearly $11.4 billion has been raised for Digital NY companies. Thanks to a particularly strong Q4 in Digital funding and an overall growth in activity throughout Q1 2015, New York has further established itself as the most active digital center in the US outside of Silicon Valley. Digital New York VC financing increased in Q1 2015. Funding was up 65% versus Q1 2014 and up 21% versus Q4 2014. 33 private digital companies raised a combined $818 million. Fifteen companies we had already been tracking completed follow-on financings, raising $528 million in total. The largest funding round of the quarter was completed by Dataminr, which raised $130 million. The first quarter saw one large M&A – the sale of Yieldex to AppNexus for $100 million.
© In the U.S., America’s Growth Capital, LLC dba AGC Partners, member FINRA/SIPC. In Europe, America’s Growth Capital Europe, LLP (Appointed Representative Alternatives St. James, LLP which is authorized and regulated by the Financial Conduct Authority). America’s Growth Capital Europe, LLP is a Limited Liability Partnership incorporated in England and Wales (OC368580). Its registered address is 6th Floor, 9 Appold Street, London EC2A 2AP. The testimonials contained herein may not be representative of the experience of other customers or clients. Testimonials are no guarantee of future performance or success. Deals marked with an “*” are non-AGC deals.
