Washington, D.C. technology industry on the rebound

Though Washington D.C. has not been considered a technology hub in quite some time, the tech scene in the nation's capital may be on the road to recovery, according to a recent article in the New York Times.

Not since the early 90s, when major players in the industry such as America Online settled in the area, has D.C. seen so much movement in the technology sector, the paper said. A number of start-ups, such as shopping site LivingSocial and software company OPower, are reviving the area's entrepreneurial appeal.

The Times credits the area's new found popularity with the high amount of local technical expertise that results from those stationed there for military endeavors, as well as the fact that the companies sometimes get attention from investors simply by moving to the small market.

A website, ProudlyMadeinDC, currently highlights 118 of the up-and-coming start-ups in the area, a number 50 businesses higher than the month before. "Many of these companies didn't exist three or four years ago," one of the site's founders, Zvi Band, told the Times.

Though Silicon Valley may be appealing, those interested in moving and finding work in the information technology sector may want to consider the potential benefits of moving to D.C., over other typical tech hot spots.  

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