Silicon Alley across the metropolitan region, bolstered by the city's emergence as a global node of creativity and entrepreneurship, social tolerance, and environmental sustainability, as well as New York's position as the leading Internet hub and telecommunications center in North America, including its vicinity to several transatlantic fiber optic trunk lines, the city's intellectual capital, and its extensive outdoor wireless connectivity. The term "Silicon Alley" was derived from the long established Silicon Valley in California. It was originally centered in the Flatiron District, in the vicinity of the Flatiron Building at Fifth Avenue near Broadway and 23rd Street, straddling Midtown and Lower
Silicon Beach other technology companies had facilities—"Silicon Beach, in deference to the great valley of the West". In 1984 Silicon Beach Software was formed in San Diego, California. "Silicon Beach Australia" was used to describe that country's internet technology community in 2008. There are four significant areas in Australia that are nurturing start-ups: Sydney, Melbourne, Brisbane, and Perth. Silicon Beach Silicon Beach is the Westside region of the Los Angeles metropolitan area that is home to over 500 tech startup companies, with emphasis on the coastal strip north of LAX to Santa Monica Mountains, but the term may be applied loosely or