A $60 million growth equity investment in FairWarning in Clearwater sends a clear signal. Tampa Bay’s technology community is growing up.
FairWarning, a cybersecurity company with software designed to catch people stealing data, was among a handful of local firms that received fresh capital in June, as investors increasingly look outside of Silicon Valley for growth opportunities and area companies become more mature.
About 60 percent of venture capital in the United States historically has gone to Silicon Valley, San Francisco, New York and Boston, but that’s changing, said Tom Wallace, managing partner of Florida Funders, a Tampa-based investment organization.