5/27/2011

New York-based tech startups saw a 30% increase in the money rolling into their firms last year, with some saying they are now being forced to turn away cash from eager investors. In 2010, 347 deals were funded to the tune of $2.2 billion for New York firms operating in sectors including retail, media and finance, and entrepreneurs report that the growth spurt has left them scrambling for available engineering talent.

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