Silicon Roundabout – London’s Answer To Silicon Valley?

Silicon Roundabout—or Tech City as the UK government recently labeled it—is swarming with tech startups, but does it have the same global clout as the Valley?

For decades Silicon Roundabout was only known for its ugly façade and terrible traffic congestion, but in recent years the area, based in trendy Shoreditch, has seen a huge and fast-growing development of tech startups. The term 'Silicon Roundabout' was first coined by Matt Biddulph in July 2008 when he created a Google map which plotted the first 15 tech startups in the area. Since then the neighborhood has continued to grow and is now home to an estimated 1,191 tech companies, according to Tech City Maps, including Google, which opened up a support center for startups in 2011.