The news shouldn't come as a surprise to those inside Denver's tech circle.

Denver Business Journal — Here’s some good news following Denver Startup Week 2018: Denver is a top 10 rising city for startups, according to the latest rankings from Forbes magazine.

Denver came in at No. 4, behind Columbus, St. Louis and Atlanta. Baltimore, Cincinnati, Portland, Philadelphia, Minneapolis-St. Paul and Charlotte rounded out the top 10.

To come up with the list, Forbes eliminated 10 metro areas that garnered the most venture capital funding over the past three years, including San Francisco, New York and Boston. The magazine then compared the 30 largest metro areas (outside of the 10 that were eliminated) on factors related to living and business costs, education levels, college presence, entrepreneurship rates, working age population growth and venture capital investments.

Out of the top 10, Denver ranks No. 3 for venture capital investments in the past three years, at $2.3 billion. Atlanta saw $2.9 billion, followed by Philadelphia at $2.6 billion.