Where does $14 billion in venture capital go? California, where else?

This interactive map, courtesy of the WSJ and Dow Jones VentureSource, provides a good look at the nation's hot spots for venture funding during the first six months of 2011. Not surprisingly, California tops the list, with $7 billion, although the L.A./OC area makes up less than $1 billion of that amount. Massachusetts and New York are also major centers of venture funding ($2 billion and $1.1 billion, respectively), while Texas (you know, that economic miracle) trails the major players, at around $400 million. The dots on the map represent the amount of capital in a specific "metropolitan statistical area."

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Mark Lacter
Mark Lacter created the LA Biz Observed blog in 2006. He posted until the day before his death on Nov. 13, 2013.
Mark Lacter, business writer and editor was 59
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