Gyminee, a fitness-oriented social network that was part of the TechStars class of 2008, has closed a $525,000 seed funding round led by FF Angel LLC, with a number of angels including Garrett Camp (StumbleUpon) and Tim Ferriss also participating. Alongside the funding news, Gyminee is also announcing a total rebranding – the company will henceforth be called DailyBurn (which is significantly… → Read More
Today TechStars held its third Demo Day, offering a dozen of its startups the chance to display their wares in front of a throng of investors and the media. TechStars is a seed stage investment fund similar to Y Combinator and DreamIt Ventures that gives startups a modest amount of cash (around $5,000 for each founder) and a three month mentorship in exchange for a 5% equity stake in the company. → Read More
Editor’s note: The following on-the-ground report comes from Don Dodge, who blogs at The Next Big Thing and is a business development executive for Microsoft. He is in Boulder, Colorado today attending TechStars demo day. Much like Y Combinator (which had its own demo day last week) and LaunchBox (which also had a recent demo day), TechStars is a startup incubator that selects 10 teams and… → Read More
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