Technology Startups: Companies from Georgia Tech’s Science & Technology Incubator Attract $1 Billion in Venture Funding

Companies associated with Georgia Techs science and technology incubator have raised more than a billion dollars in venture capital since 1999 - and in 2006 accounted for 10 of the top 25 venture deals in Georgia, including the two largest.

The incubator, the Advanced Technology Development Center (ATDC), has turned out 112 science and technology companies since 1986 - including 31 that have been represented on the public markets through IPOs or acquisitions.

At a May 10 event held to showcase the incubators companies, ATDC graduated six early-stage firms - three Internet companies, two semiconductor firms and a developer of homeland security technology. Together, those six early-stage firms raised more than $50 million while in the incubator.

More : earthtimes.org

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