4. Boston, Mass.
Boston, a traditional venture capital hub, is seeing a lot of growth in healthcare, which is good for HIT startups. HIT is a growing sector, since the recent Supreme Court decision on healthcare. Up to that point, many companies were waiting on the sideline to see how recent healthcare 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