The history behind Tech City

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Situated in thriving East London, Tech City broadly occupies the areas between Old Street and Shoreditch and is a hub for successful technology businesses.

The likes of Google, Facebook and Cisco have all invested in the area and a number of universities including London Metropolitan University and Queen Mary University of London are academic partners in the area, supporting a number of endeavours that are based in the cluster.

During your stay at the M By Montcalm Shoreditch, be sure to head to this district and immerse yourself in the buzzing atmosphere of this techy hub.

Read on to find out more about the history behind Tech City.

Where it began

Tech City came to prominence in 2008, with a number of companies including Last.FM, Poke and Trampoline Systems operating in the area.

Many of the companies situated in Tech City, which is also commonly referred to as Silicon Roundabout, were founded during the 1990s, but more recently the focus has been on up and coming, innovative companies.

Situated near to the M By Montcalm Shoreditch, Tech City has a reputation that has continued to grow over the years.

Support from leaders

Back in 2010, then Prime Minister David Cameron drew even more attention and interest to the area when he visited and made a speech about the success and importance of the enterprise and how he had plans to further expand the facilities available to businesses.

The plans involved gaining investment in the area from tech heavyweights like Facebook and Vodafone and endeavoured to offer a combination of advice and support to businesses, along with a hefty £15 million in Government funding.

The initiative was a huge success and resulted in the number of tech firms operating in the area almost tripling from around 200 to close to 600 in the space of 12 months.

Whether you are visiting Tech City on business or just fancy seeing this renowned area of London first-hand, our hotels offer rooms in Shoreditch that are comfortable and relaxing for guests.

The TweetDeck breakthrough

TweetDeck, a social media dashboard, was launched by social media site Twitter back in May 2011 and provided another boost to Tech City’s already growing reputation. The application, which helps users to manage a number of social media accounts simultaneously, was based in an open plan office in the area, working alongside other increasingly successful start-ups such as SoundCloud.

This spurred on Tech City and encouraged other techy entrepreneurs to migrate to the area. Not only would they benefit from cheaper office space than what is available in central London, they would also have the chance to work alongside like-minded individuals.

The situation today

Today Tech City is home to a diverse range of digital disrupters, as well as high-end household names such as Amazon, Microsoft and Adobe.

Tech City is also home to the Google Campus, a place where entrepreneurs can come together to network, share ideas and engage in inspirational talks.