Search
 

How VC Funding Affects OC Office

IRVINE, CA—Increased funding for fledgling companies, many of which are software firms, allows them to grow and take down larger swaths of office space, JLL's Curtis Ellmore tells GlobeSt.com in this EXCLUSIVE look at VC funding in OC.

By Carrie Rossenfeld | Updated on January 20, 2016

IRVINE, CA—Increased venture-capital funding for fledgling companies, many of which are software firms, allows them to grow and take down larger swaths of office space in Orange County, JLL‘s SVP Curtis Ellmore tells GlobeSt.com. The firm recently found that high-tech investment volume has grown in this market in five consecutive quarters, with the software industry attracting the highest amount of venture-capital funding. With $467.6 million raised last year as of the end of Q3, total year-to-date funding for that time period in 2015 was 120.1% higher compared to the same time period the previous year, with VC funding concentrated in the Airport Area and South County submarkets. We spoke exclusively with Ellmore about VC funding in the software industry and how it relates to commercial real estate.

GlobeSt.com: Why is the software industry attracting the most VC funding in Orange County?

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.