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.