Work-Bench Raises $160M for NYC Tech Startups
Work-Bench, a venture capital firm focused on New York City, recently announced the successful closing of a new $160 million fund. This demonstrates their continued commitment to fostering innovation and growth within the NYC tech ecosystem.
Funding Focus
The new fund will enable Work-Bench to continue investing in early-stage enterprise and B2B startups based in the New York metropolitan area. They have a proven track record of backing companies that are disrupting traditional industries with innovative technologies.
Investment Strategy
Work-Bench’s investment strategy centers around identifying and supporting companies that are developing solutions for the modern enterprise. They focus on areas such as:
- Cloud and DevOps
- Cyber and Network Security
- AI and Machine Learning
- Emerging Technologies
NYC Tech Ecosystem
This funding boost is a significant win for the New York City tech scene. Work-Bench plays a crucial role in supporting local entrepreneurs and driving innovation. By providing capital, mentorship, and access to their network, they help startups scale and succeed.
