Orange County was the eighth largest U.S. market for high-technology venture capital funding in the second quarter, a jump of two spots compared with the same period last year, the Irvine office of real estate brokerage JLL said.
OC outranked the Oakland/East Bay and Seattle markets. San Francisco was No. 1, Los Angeles No. 2, and Silicon Valley No. 3.
Local firms took in $229 million in the three months ended June 30, a 231% increase over the first quarter, when they totaled about $69 million.
OC ranked fifth in average deal size at $15 million.
—Deirdre Newman
