Black Friday Sale! 50% Off All Access

The 100 U.S. Cities Where Businesses Received the Most VC Funding In 2014, investment deals closed in a dozen cities that haven't seen VC money in at least five years.

By Catherine Clifford

Entrepreneur+ Black Friday Sale

Our biggest sale — Get unlimited access to Entrepreneur.com at an unbeatable price. Use code SAVE50 at checkout.*

Claim Offer

*Offer only available to new subscribers

Opinions expressed by Entrepreneur contributors are their own.

For many brand-new entrepreneurs, launching a business can be a game of following the money. Silicon Valley certainly has the money. So does New York.

But companies in all corners of the country have been able to secure venture-capital funding. In 2014, businesses in 160 cities across the U.S. saw VC investment deals close, according to a recent report from the National Venture Capital Association, the industry's leading trade group. That's up from 148 cities last year, and represents the largest number of cities in five years. (The peak was back in 2000, at the height of dotcom mania, when businesses in 179 metro areas had VC dollars flowing through them.)

Related: Beyond the Big Guys: 13 Smaller VCs to Keep on Your Radar (Infographic)

There were a dozen small-ish cities on this year's list that hadn't had any action in five years. They were: Bryan-College Station, Texas; Bismarck, N.D.; Terre Haute, Ind.; South Bend, Ind.; Elkhart-Goshen, Ind.; Bellingham, Wash.; Johnson City-Kingsport-Bristol, Tenn.-Va.; Lafayette, La.; Newburgh, N.Y.; Greenville, N.C.; Springfield, Mass.; Janesville-Beloit, Wis.

While the usual Silicon Valley strongholds came out on top, there were some notable shifts in second tier cities. For example, Washington, D.C., fell from fifth place to ninth, replaced by Los Angeles.

Related: Twitter Co-Founder Launches 'World Positive' Investing Fund

Have a look at the top 100 metropolitan regions, as defined by federal census boundaries, ranked by the VC money invested in businesses in that region last year. (Note: The total VC invested is listed in millions of dollars.)

Click to Enlarge

The 100 U.S. Cities Where Businesses Received the Most VC Funding

Related: Win an Investor's Money by Acing These 5 Questions

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at Entrepreneur.com, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Science & Technology

I've Spent 20 Years Studying Focus. Here's How I Use AI to Multiply My Time and Save 21 Weeks of Work a Year

AI is supposed to save time, but 77% of employees say it often costs more time due to all the editing it requires. Instead of helping, it can become a distraction. But don't worry — there's a better way.

Money & Finance

Why Donald Trump's Business-First Policies Trump Harris' Consumer-Centric Approach

President Donald Trump's pro-business agenda is packed with policy moves encouraging investment to drive economic growth. The next Congress has a unique opportunity to support entrepreneurship and innovation, improving U.S. competitiveness with the rest of the world.

Business News

The Two Richest People in the World Are Fighting on Social Media Again

Jeff Bezos and Elon Musk had a new, contentious exchange on X.

Starting a Business

Why Are So Many Course Creators Struggling if It's 'Such an Easy Business'? Here's the Truth Behind the $800 Billion Industry

Creating an online course is so easy — at least, that's what many "gurus" would like you to believe. There's a lot of potential in the $800 billion industry, but here's why so many course creators are struggling.

Business News

Barbara Corcoran Says This Is the Interest Rate Magic Number That Will Make the Market 'Go Ballistic'

Corcoran said she praying for lower interest rates and people are "tired of waiting."

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.