New York metropolitan area to take advantage of New Jersey's relatively lower commercial real estate and rental prices, while offering continued geographic proximity to Manhattan's financial industry ecosystem. Silicon Alley, centered in New York City, has evolved into a metonym for the sphere encompassing the metropolitan region's high technology industries involving the Internet, new media, financial technology ("fintech"), telecommunications, digital media, software development, biotechnology, game design, and other fields within information technology that are supported by its entrepreneurship ecosystem and venture capital investments. In 2015, Silicon Alley generated over US$7.3 billion in venture capital investment, most based in Manhattan, as well as in Brooklyn,
Silicon Valley of India that the title of "Silicon Valley of India" belonged to the city's Electronics City campus. Silicon Valley of India The Silicon Valley of India is a nickname of the Indian city of Bangalore. The name signifies Bangalore as a hub for information technology companies in India. It is a reference to the original Silicon Valley of the San Francisco Bay Area, which is the major hub for information technology companies in the United States. One of the earliest mentions of this sobriquet occurred in late 2012 by CNN. The more prevalent application of the nickname Bangalore began in the 1990s