Miami’s Emerging Tech Scene

Global Business

The Miami technology start-up scene is heating up highly in part because of its connections to Latin America. CCTV’s Nitza Soledad Perez reports.

There is a young and vibrating tech start-up scene with a unique heartbeat pulsing in Miami.

Dot CO Internet, a Miami company operating the top-level domain assigned to Colombia, grew to more than 1.6 million web addresses and was recently sold for $109 million to telecommunications firm Neustar Inc. TerreMark Worldwide Inc., a Miami database company acquired by Verizon for $1.4 billion in 2011.

Miami’s geographical advantage and Latin flare are the reasons for this unexpected growth. A rising number of tech incubators, providing access to U.S. investors, education and expertise are also contributing to the tech surge.

Follow Nitza Soledad Perez on Twitter @NitzaSoledad

Miami's Emerging Tech Scene

The Miami technology start-up scene is heating up highly in part because of its connections to Latin America. CCTV's Nitza Soledad Perez reports.

For more on the world’s changing landscape of startups, CCTV America was joined by Rob Enderle. He is President and Principal Analyst at the Enderle Group.

Startup ecosystems around the globe

For more on the world's changing landscape of startups, CCTV America was joined by Rob Enderle. He is President and Principal Analyst at the Enderle Group.