New York City’s Tech Boom Continues

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Tyler Perry is partner and general manager at Bateman Group, a PR and social media communications firm with offices in New York and San Francisco. 

When WeWork scored a $355 million funding round with a stunning $5 billion valuation at the end of 2014, the shared workspace startup became the poster child for New York City’s exploding tech scene.

For New Yorkers, however, the sight of increasing numbers of tech offices has become ever more common.

While Silicon Valley grabs attention as the center of the tech universe and birthplace for some of the biggest startups, the most recent growth data shows that the NYC tech boom is living up to its own Silicon Alley hype.

A confluence of forces is behind the rising tide of the city’s tech.  A voyage inside the workings of New York City’s startup scene reveals tech players and funding drawn to the region’s bedrock industries of finance and fashion, and media, marketing and commerce.

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