The mission of the eight-state Rocky Mountain Venture Capital Association is to be a leading venture capital association with a strategic intent of making the region one of the top markets for venture activity. More than 180 venture capital professionals from 43 firms are actively engaged in investing in the region, and in aggregate, represent more than $6.3 billion in capital.
Growing Markets
- Fastest-growing region in the U.S. in both population and economic gross domestic product
- Fastest-growing states in the U.S.
- Nevada, Arizona, Colorado, Utah, Wyoming & Idaho are in the top 6
A Good Place To Build A Lot Of Businesses
- Cost-of-living and lifestyle advantages
- 15,000 + technology companies
- 1,080 public companies registered in the Rocky Mountain region
- 10 of the 20 most innovative & entrepreneurial states in the U.S. are in the Rocky Mountain Region
A Foundation of Economic Development
- Utah, Arizona, New Mexico, Montana and Colorado have major Technology Transfer offices at research universities
- $26 billion in R&D spending
- More than Massachusetts, Texas or New York
- Major Research Universities in the Region:
- Colorado, Colorado State, Montanan State, Arizona, Arizona State, Brigham Young, Boise State, Utah, Colorado School of Mines
- $10B+ Federal R&D dollars
- National Labs
- Los Alamos Labs, Sandia Labs, White Sands, National Renewable Energy Laboratory, National Institute of Standards
- $16.5B Federal R&D
Abundant Investment Opportunities in Multiple Industries
The region is home to a plethora of diverse industries, including technology, communications, software, biotechnology and a wide mix of non-tech companies The companies who presented at the 2007 Venture Capital in the Rockies include an aircraft manufacturer and Web 2.0 companies. In aggregate, the 2007 presenting companies raised over $216 million in the 5 months after the conference.
Notable Exits
Consistently over time, the region has produced notable VC-backed companies that have resulted in significant exits for the venture capital industry. Verio, McData, Colorado Memory Systems, Intrado, Array Biopharma, Myogen, ICG, ServiceMagic, Altiris, Freshwater Software, Service Metrics, Horizon Organic Dairy, HighGround Systems, REZ Solutions, PowerQuest, Inflow, Abacus, LanDesk, Omniture, Spectranetics,Replidyne, Carrier Access, Allos, Pharmion, eCollege, New Era of Networks, Voyant, Sima, Quovadx, Access Health, Corporate Express, Information Handling Services, SiTera, Last Software, Logoworks and Proclarity.
Many Leadership Companies
The Rocky Mountain region is home to many market leadership companies in their respective fields, including Qwest, First Data, Novell, Webroot, Liberty Media, Echostar, Corporate Express, Micron Technology, Storage Tek.
Abundant Investment Opportunities in Multiple Industries
The region is home to a plethora of diverse industries, including technology, communications, software, biotechnology and a wide mix of non-tech companies. the companies who presented at the 2007 venture capital in the rockies include an aircraft manufacturer and web 2.0 companies. in aggregate, the 2007 presenting companies raised over $216 million in the 5 months after the conference.
