Economy of New York City supported by its entrepreneurship ecosystem and venture capital investments. In the first half of 2014, Silicon Alley generated over US$2.1 billion in venture capital investment across a broad spectrum of high technology industries, most based in Manhattan, or alternatively, Brooklyn. High technology startup companies and employment are growing in New York City and the region, bolstered by the city's position in North America as the leading Internet hub and telecommunications center, including its vicinity to several transatlantic fiber optic trunk lines, New York's intellectual capital, and its extensive outdoor wireless connectivity. According to New York’s Economic Development Corporation, telecom carriers,
Silicon Hills Silicon Hills Silicon Hills is a nickname for the cluster of high-tech companies in the Austin metropolitan area in the U.S. state of Texas. The name is analogous to Silicon Valley, but refers to the hilly terrain on the west side of Austin. High tech industries in the area include enterprise software, semiconductors, corporate R&D, biotechnology, gaming, and a variety of startup companies. Technology companies with offices in the area include Advanced Micro Devices, Apple Inc., ARM Holdings, Cisco, eBay, Facebook, Google, IBM, Indeed, Intel, Silicon Labs, Texas Instruments, Oracle Corporation, VMWare, and many others. Dell's worldwide headquarters are located