Silicon Alley Silicon Alley Silicon Alley, centered around the Flatiron district in Manhattan, is an area of high tech industries. The term was coined in the 1990s during the dot-com boom, as a reference to <nowiki>"Silicon Valley", the tech center in California. As the New York tech industries began a revival around 2003, the businesses spread outside of Manhattan making the term 'Silicon Alley'</nowiki> somewhat obsolete. , New York City hosted 300,000 employees in the tech sector. In 2015, New York generated over US$7.3 billion in venture capital investment. High technology startup companies and employment are growing in New York City and
Silicon Hills in Round Rock, a suburb of Austin. Austin was one of the top areas for venture capital with investors investing $621 million in 2013 (43% of that went to software and semiconductor firms). Some venture capital investors include Austin Ventures, Central Texas Angels Network, and Tritium Partners. There are at least 15 startup incubators as well, including: Capital Factory, Austin Technology Incubator, and the IC Institute (the incubator for the University of Texas at Austin). 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