4. Boston, Massachusetts
Boston, a traditional venture capital hub, is seeing a lot of growth in health care, which is good for HIT startups. HIT is a growing sector, since the recent Supreme Court decision on health care. Up to that point, many companies were waiting on the sideline to see how recent health care legislation would pan out. On the IT side, Boston continues to be an important player in the VC markets. With its proximity to the prestigious MIT, many of the startups located here are created by MIT graduates who wanted to stay in the New England area, according to the NVCA.
No. of Deals: 212
No. of Startups: 179
Sum of Equity Invested (USD millions): 1,335.90