Five Brooklyn companies raised more than $4 million in the third quarter of 2017, which saw 16 companies raise more than $51 million in total, according to an analysis of public SEC filings conducted by Technical.ly.
Leading the charge were Gimlet Media, which raised nearly $20 million, Square Roots, with $5.6 million, and Cleerly, with $5.5 million.
It’s the third consecutive quarter in which Brooklyn startup investment has risen, and is 15 percent higher than the amount raised in the second quarter.
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