Technology funding is crucial to Georgia's economy. This section presents information regarding various funding elements, including venture capital, mergers and acquisitions, commercial real estate activity and economic development announcements.
Georgia's venture capital funding was a mixed performance in 2011. The overall number of venture deals declined from 67 in 2010 to 54 in 2011, but the value of the deals increased slightly from $330.3 million in 2010 to $343.2 million in 2011.
Initial public offerings in Georgia's technology sector remained dormant; none of the Georgia technology companies went public in 2011.
The number and value of Merger & Acquisition deals declined in Georgia in 2011.
Dozens of companies announced economic development initiatves in Georgia's techonology sector last year. These announcements are projected to invest millions of dollars in production, research and new facilities, and are expected to create 5,000 new jobs over the next three to five years.
In a sign of the Atlanta market regaining its fundamental strength, the value of deals in the commercial real estate market soared from $2.7 billion in 2010 to $6 billion in 2011 following three years of an especially depressed market.