Funded Web 2.0 Startups Largely HQ'd in Northern California

It's not surprising, but an analysis of December's funded Web 2.0 Startups shows that a majority are headquartered in Northern California. 19 of 34 companies, or 56%, are located in Silicon Valley or environs. Southern California is a strong second making almost 75% of Web 2.0 startups California-based.

We'll be tracking this data monthly from now on to see how representative this geographic distribution is, and if/how it evolves over time as the Web 2.0 industry matures.