Showing posts with label san jose startups. Show all posts
Showing posts with label san jose startups. Show all posts

Monday, April 16, 2018

San Jose is the 4th-best city for startups crunched several factors such as the percentage of the population with advanced degrees, unemployment rates, startup growth rates, and rents to come up with the best cities in the US for startups. Despite having insanely high rents, San Jose still came in 4th place. SF took the top spot, followed by Austin and Minneapolis.

The percentage of young adults may have also been a factor that worked in other cities' favor. This was a criteria since this demographic tends to be early adopters. For the full list click the source link below.

Source: SVBJ

Thursday, January 28, 2016

San Jose's OneRent Raises Funding

OneRent is an online platform for both renters and property managers. The solution allows property owners/managers to easily showcase available units, process background and credit checks, and book property showings. For renters it allows online lease signings, paying rent online, and online or text-based submission of maintenance requests.

The company has just announced that it raised $1.5 million in funding and that they are expanding their offering to Seattle, their first territory outside of the Bay Area. Property management seems like an old-school industry ripe for disruption, and I wish them all the best.

OneRent is located in Downtown San Jose at 75 E. Santa Clara Street, Suite #1250.

Source: SVBJ

Tuesday, June 10, 2014

More Co-Working Space Opening Downtown!

I have a feeling that Downtown San Jose is going to become a mecca for start-ups. Given the infrastructure, low prices, and patent office in Downtown, I wouldn't be too surprised if one day we start giving Palo Alto and Mountain View a run for their money.

Regus has recently announced that they are opening a 10,000 SQFT co-working office space at 99 Almaden designed to accommodate entrepreneurs and startups in Silicon Valley. This will be Downtown's fifth co-working space. The other four are NextSpace, Pacific Business Center, the San Jose Business Center, and the Executive Suites.

On a slightly unrelated note, there are now over 90 creative firms in Downtown San Jose! Here is the list.

Sunday, January 5, 2014

Stealth San Jose Startup Raises $33 Million

One of Silicon Valley's leading VC firms has just given a huge vote of confidence to a San Jose startup. Sequoia Ventures invested $33 Million in VIPtela, a networking company that is still in stealth mode. Word on the street is that they are helping large companies build more agile and secure networks. VIPtela is located at 1735 Technology Drive, near the San Jose airport.

Source: All Things D

Saturday, May 26, 2012

Saturday Stats: Start-up Funding

Start-ups are the lifeblood of Silicon Valley, but historically start-up companies have not really flocked to San Jose. Usually they "graduate" to San Jose when they start needing substantial amounts of office space and resources. However, it looks like that is starting to change based on where the VC money is going.

In terms of Venture Capital invested in start-up companies regionally, San Jose did miserably in 2009. In the bay area they ranked 11th, behind Palo Alto and even San Carlos (!).

In 2011, San Jose clawed its way to 4th place with three quarters of a billion dollars invested between 43 companies:

1.) San Francisco - $2.87 billion
2.) Palo Alto - $1.3 billion
3.) Mountain View - $1.03 billion
4.) San Jose - $784.2 million

This is a trend that I think will continue for multiple reasons, but I think the top one is start-ups looking more for urbanized locations. That's why they are flocking to downtown Palo Alto, Mountain View, Campbell, SF, etc. Start-ups require a high-energy environment and employees working 80+ hour weeks expect instant access to the conveniences urban areas offer.

The good news is San Jose is urbanizing faster than any other city in Silicon Valley right now, and has ambitions plans to build future urban villages pretty much everywhere. Downtown is becoming a legitimate destination for incubators and startups, North First is going to explode over the next 2 decades, midtown is being built up, the area around the HP Pavilion is slated to become an "innovation district," and Santana Row is building mass amounts of office space. All of these areas have the potential to attract hot start-ups, especially as the perception of San Jose only being suburban dies off. To boot, we have the lowest housing costs (besides Gilroy) and best transportation infrastructure in the South Bay. I think we have a winning recipe and I'm really looking forward to seeing how the 2012 funding number stack up.

Source: SiliconBeat

Sunday, March 4, 2012

Pinger Receives Additional $7.5M from VCs

A hot new start-up based in Downtown San Jose has raised $7.5M from Deutsche Telekom. They currently have a mobile app that lets you text for free on Android devices and text or call for free on iOS devices. You can get links to download their app right over here. Their eventual goal is to build an international free global network with the support of carriers. I imagine most of the $7.5M will go towards building the right partnerships.

Source: SJBJ