PNW's VC Ecosystem Posts a Record $5.4B in Value for 2020
The Pacific Northwest (PNW) represents one of the strongest emerging tech and VC ecosystems in the U.S., living up to that reputation in 2020, as startups across the region raised a record $5.4 billion in fresh funding.
This installment of Bridge Bank's Markets to Watch series unpacks the top trends that have defined a decade that witnessed VC investment value expand at a compound annual growth rate of 19% across the PNW. Additionally, the report contains analysis of the region's leading database software and cloudtech & DevOps segments.
Bridge Bank
Bridge Bank, a division of Western Alliance Bank, Member FDIC, delivers relationship banking that puts clients at the center of everything. Founded in 2001 in Silicon Valley, Bridge Bank offers a full spectrum of tailored commercial banking solutions with specialized expertise focused on life sciences and technology and innovation companies at every stage in their life cycle, from startup to IPO and beyond. With offices in major tech hubs across the country, Bridge Bank delivers the reach, resources and market expertise that make a difference for its clients. Bridge Bank also serves the private equity and venture capital communities by providing banking solutions for portfolio companies and funds, plus banking solutions for small to mid-size businesses in the Bay Area. Bridge Bank is part of Western Alliance Bancorporation, which has more than $80 billion in assets. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director.
