There have never been so many high-value startups in New York.
Three startups have had $100 million+ exits this year, including Buddy Media which was acquired for $800 million.
At least 11 others are currently worth more than $500 million. A few have topped $1 billion valuations.
It's worth noting that 4 years ago, there was only one New York startup with a valuation that high -- Kayak.
Check out the 11 companies that are making the New York startup scene the best it has ever been.
Indeed is a job search and listing site that's valued at $550 million
What it is: Indeed is a pay-per-click job listing and search site. It is one of the largest career sites on the web, boasting 1 billion monthly job searches. It works with 25,000 partnering sites and is profitable.
Estimated Value: $550 million
Total funding: $5 million
Location: New York, NY and Stamford, CT
More Info: About Indeed
CEO: Paul Forster
Investors: Allen & Company and Union Square Ventures; New York Times sold its stake in the company in May 2011.
10gen develops an open source database, MongoDB, that's used by Fortune 500 companies; it's valued at $550 million
What it is: 10gen is the developer of MongoDB, an open source database used by many Fortune 500 companies. 10gen also offers support and training for MongoDB clients.
Estimated Value: $550 million
Total funding: $73.4 million
Location: New York, NY
More Info: About 10gen
CEO: Dwight Merriman*
Investors: Union Square Ventures, Flybridge Capital Partners, Sequoia Capital, New Enterprise Associates
*Full disclosure: Dwight Merriman is a co-founder of Business Insider
Foursquare is a location-based mobile app that's valued at $600 million
What it is: Foursquare is a location-based social networking mobile service. While it's still struggling to generate revenue, the location and personal data it has on users is very valuable. And if any startup is positioned to own the location space, it's Foursquare.
Estimated Value: $600 million
Total funding: $71.4 million
Location: New York, New York
More Info: About Foursquare
CEO: Dennis Crowley
Investors: Union Square Ventures, O’Reiley Alpha Tech Ventures, Jack Dorsey, Kevin Rose, Alex Rainert, Ron Conway, Joshua Schachter Chad Stoller, Sergio Salvatore, Andreessen Horowitz. The most recent round of funding occurred in June of 2011. The company raised $50 million.
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