by Knight Foundation on Dec 04, 2013
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Featured in: Business & Mgmt
February 2014 update: Since publishing our original report in December, 2013, we've received dozens of emails from peers in the budding civic tech community proposing additions. On Feb. 26, we ...
February 2014 update: Since publishing our original report in December, 2013, we've received dozens of emails from peers in the budding civic tech community proposing additions. On Feb. 26, we released an updated version of the civic tech investment analysis, which includes an additional 34 companies and $265 million of investment. Find out more at http://kng.ht/1cPi3Ar.
Investments by private capital funders and foundations in technology that spurs citizen engagement, improves cities and makes governments more effective is growing significantly, with more than $430 million going to the field between January 2011 and May 2013, according to a major report released today by the John S. and James L. Knight Foundation.
The first report of its kind, “The Emergence of Civic Tech: Investments in a Growing Field,” provides an in-depth analysis of the current state of private capital and foundation investments in civic technology. It aims to help organizations and investors better understand civic tech funding, so that they can strengthen their work and help shape the field. The analysis applies a new approach to research and advances the use of data in the social sector; it showcases an interactive data visualization map that allows users to explore investments across multiple areas of civic tech. Find out more at www.knightfoundation.org/features/civictech
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