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 Taiga this growing trend and established branch offices in the Silicon Taiga. The summer of 2010 saw the launch of an innovative technology park in Akademgorodok, which brought together economic and intellectual power in the area, thus expanding innovation in Russia. Today, the Silicon Taiga is not just a collection of IT companies; it is a beneficial environment, in which the Russian national system of innovations can continue to flourish. The following is a partial list of past and present notable companies founded in the Silicon Taiga or which have a major subsidiary located there: Silicon Taiga Silicon Taiga is a