Report: Greater Boston trails only Silicon Valley in tech employment
August 29, 2014
The Greater Boston area ranks second in the nation in tech employment and fourth in tech-related venture capital funding among major U.S. markets, according to a report released Friday from commercial real estate firm Jones Lang Lasalle.
According to the firm's annual technology outlook report, Boston with its more than 145,000 tech jobs trails only Silicon Valley in terms of total high-tech employment, noting that Greater Boston experienced a 4.3 percent growth in high-tech jobs over the year. Silicon Valley had year-over-year tech-related job growth of 5.2 percent and employed a little over 213,000 people in the industry, the report noted.
The Boston area also scored big in venture funding during the second quarter of this year, accumulating a total of $441.6 million in funding during the time period, according to the report. San Francisco, Silicon Valley and Manhattan all snagged more venture capital funding than the Boston area.