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Silicon Roundabout

Tech City
Tech City is located in Greater London
Tech City
Tech City
Tech City shown within Greater London
OS grid reference TQ325825
• Charing Cross 2.5 mi (4.0 km) WSW
London borough
Ceremonial county Greater London
Region
Country England
Sovereign state United Kingdom
Post town LONDON
Postcode district EC1, EC2
Postcode district N1
Dialling code 020
Police Metropolitan
Fire London
Ambulance London
EU Parliament London
UK Parliament
London Assembly
List of places
UK
England
London
51°31′33″N 0°05′15″W / 51.5257°N 0.0875°W / 51.5257; -0.0875Coordinates: 51°31′33″N 0°05′15″W / 51.5257°N 0.0875°W / 51.5257; -0.0875

East London Tech City (also known as Tech City and Silicon Roundabout) is a technology district located in East London. It broadly occupies the area between Old Street and Shoreditch areas. It is the third-largest technology startup cluster in the world after San Francisco and New York City.

A cluster of web businesses initially developed around the Old Street Roundabout in 2009. The area had historically been relatively run down compared to the City, and the closure of numerous firms during the 2008-09 recession had further suppressed rents making it affordable to technology start-ups..

Later, as the cluster developed, both local and national government supported its growth, with the goal of creating a cluster comparable to Silicon Valley in the United States.Cisco, Facebook, Google, Intel and McKinsey & Company are among the companies that have invested in the area.City, University of London, London Metropolitan University, Imperial College London, Queen Mary University of London and University College London are all academic partners in projects based in the cluster.

Amongst the first technology companies located in the area were Dopplr, Last.fm, Consolidated Independent, Tinker.it, flubit, TweetDeck, Berg, Trampoline Systems, AMEE, Skimbit (now Skimlinks), Fotango, weartical.com, Rummble, Songkick, Squiz, Techlightenment, Poke London, Kizoom, BrightLemon, Redmonk, MOO, Believe.in, LShift, Livemusic and WAYN.


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