According to a MoneyTree report by PricewaterhouseCoopers LLP and the National Venture Capital Association, Pittsburgh is one of the top metros for venture capital (“VC”) investments.
Out of 133 metros, Pittsburgh ranked 10th for the number of companies that received VC investments last year. More than 80 companies reported investments and the Steel City ranked 18th in terms of dollars invested at $199 million.
Not surprisingly, New York City was a top metro. But, one city had almost double the amount of investment. Read this Pittsburgh Business Times article to get the details.