In the business world, it’s fairly easy to recognize success. High year-over-year growth, robust customer retention rates and low costs for customer acquisition all point to a company going in the right direction. But when it comes to status symbol, nothing indicates the presence of a giant quite like a big valuation.
We asked Los Angeles tech leaders to describe how they’re giving back to their communities during the coronavirus pandemic, and the responses offer a fine example of this region’s wealth of ingenuity.
With 2017 winding down, it’s safe to say that this year blew last year out of the water. Where 2016 saw 231 companies receiving funding, more than 350 local companies did so in 2017, adding nearly $7 billion into the local tech ecosystem since January 1. Here are the top rounds of funding from 2017.