Story excerpt provided by Crain’s Cleveland Business.
Written by Scott Suttell.
For Midwest tech exits, at least, 2017 was a very good year.
VentureBeat reports that Hyde Park Angels, using data from Pitchbook, Mattermark and other sources, turned up some eye-popping numbers among the biggest disclosed exits of 2016 and 2017 in what the publication considers the Midwest: Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin.
In 2016, 51 companies exited for a collective value of $1.6 billion. In 2017, meanwhile, 37 companies exited for a total value of $5.1 billion.
Originally published January 23, 2018.