Los Angeles continues to rank as one of the hottest spots for high-tech jobs, whether it’s from larger, seasoned companies or smaller startups just getting their digital feet wet. The city ranks third overall as the having the best startup ecosystem in the world, only placing behind notorious Silicon Valley and mighty New York City. The tech companies throughout LA have created nearly 28,000 jobs, helping to maintain a strong economy as well as a thriving high-tech scene.
A recent rundown from Built in LA showcased the top 100 tech employers in the city, breaking down the companies by size and noting the hottest startups as well as the most lucrative location.
Top 10 Overall
- SpaceX: 3,000 employees
- IBM: 2,000 employees
- Ticketmaster: 900 employees
- Beachbody: 810 employees
- Oracle: 650 employees
- Cornerstone: 600 employees
- Google: 1,000 employees
- Riot Games: 1,000 employees
- ActiVision: 950 employees
- Symantec: 850 employees
Smaller companies with fewer than 250 employees and fewer than 100 employees were also featured, with Chrome River ranking on the latter.
While digital media companies took up 24 slots in the top 100 list, the rest of the digital landscape contains a diverse mix of businesses. In addition to digital media, the top 20 list has a healthy mix of companies focused on e-commerce and software industries. A breakdown by industry sector illustrates the diversity:
- 24 percent: Digital media
- 19 percent: B2B web
- 19 percent: Software
- 17 percent: Consumer web
- 17 percent: E-commerce
- 4 percent: Mobile
Location, Location, Location
The prime location for high-tech businesses is currently Santa Monica, although Built in LA notes Playa Vista may soon become the new hotspot. Twenty-three of the top 100 firms are located in Santa Monica, with downtown Los Angeles and Playa Vista currently running a close second.
Staples and Startups
While younger companies are treated to an optimum startup environment, long-term companies are maintaining their dominance. Eight of the firms on the top 10 list had been founded prior to 2000, with the four newest companies opening their doors in 2013. The hottest LA startups noted were:
- SGN: 200 employees
- DollarShaveClub: 140 employees
- LootCrate: 130 employees
- Reality Mogul: 86 employees
- Flipagram: 64 employees
Los Angeles is expected to maintain its position as a thriving high-tech scene, with the quantity and quality of organizations joining its ecosystem continuing to rise across the board. Contributing factors include easy access to topnotch university talent, generous investor capital and the bustling entertainment industry. The ocean views don’t seem to hurt, either.
Support the Los Angeles tech scene (and one of the hottest employers) with Chrome River’s expense reporting software.
- How Automating Invoice Processing can be a Shot in the Arm for Hospital Finance Teams
- Why your Expense Policy Should Follow your Business Travelers (Not Just the Other Way Around)
- Why is Mobility the Foundation of Effective Expense Management in Construction?
- The Cost-Control Benefits of Analytics in Expense Management
- 7 Reasons Why the Finance Team Should Push for Expense Management Software
We love you guys! Everything is going great.
Wow! This Chrome River is great. Word has spread [in our firm] and people that were not invited to be in the pilot group rollout have asked to be included!