According to the report, "Cybercities: A City-by-City Overviewof the High-technology Industry," Phoenix technology-related firmsemployed 82,600 workers in 1998, making it the 12th largestcybercity in the nation. The city now has 2,400 high-techcompanies, which employ 64 out of every 1,000 private-sectorworkers.
According to published reports, venture capital investments lastyear in Phoenix high-tech establishments totalled $287 million.
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