Boulder, Colorado-based startup incubator TechStars is launching a Seattle program set to debut in the fall of 2010. Seattle-based entrepreneur and investor Andy Sack will lead the outpost. TechStars will now have separate, annual programs in Boston, Boulder and Seattle.
TechStars is a “startup boot camp” for tech entrepreneurs in which selected companies receive up to $18,000 in seed funding… → Read More
TechStars startup ReTel Technologies just raised $1 million in seed funding from SoftTech VC, Hyde Park Angels, FF Angel, Maples Investments, eonBusiness and Zelkova Ventures. The funds will be used for product development and to expand ReTel’s engineering and sales teams.
ReTel’s flagship product, ConstantAudit, provides video surveillance analysis for stores and restaurants. The startup… → Read More
Editor’s note: The following report comes from Don Dodge, who blogs at Don Dodge on The Next Big Thing and is a business development executive for Microsoft. TechStars is a startup accelerator program that selects about ten companies and provides funding of $18,000 per team, as well as free office space, operational support, and mentoring from top investors, entrepreneurs and business leaders. → Read More
In the nascent world of mobile social networking, there are the big dogs (Facebook and MySpace) and everyone who wants to be a big dog. Two of the puppies just got bigger. Limbo is buying Brightkite, which all the tech kids are raving about, in a nearly all-stock transaction. It will change its name to Brightkite in a re-branding move, and gain Brightkite’s engineering team and product smarts. … → Read More
Silicon Valley has Y Combinator. Boulder, Colorado (and now Boston) has TechStars. Boston also as of today has Start@Spark. Washington, D.C. has LaunchBox Digital. Philadelphia has DreamIT Ventures. And now Atlanta is joining the seed incubator movement with Shotput Ventures.
Started by a group of Atlanta tech entrepreneurs who want to attract and keep startup talent in the Southeast… → Read More
The latest venture fund to set up a separate seed financing program is Boston-based Spark Capital, a prolific investor in Internet and new media companies such as Twitter, Boxee, Tumblr, Veoh and KickApps. The initiative is dubbed Start@Spark, and is primarily geared towards startups from the Boston and New York areas.
Early-stage investments will amount up to $250,000, and will not be restricted… → Read More
Exploding term sheets are nasty. If you don’t know what they are, it’s a fairly literal definition. Someone gives you a term sheet to invest in or acquire your company (or some other transaction), but they put an expiration date into the term sheet and if you don’t accept by that date, the offer explodes. Investor Y Combinator (recently in the news for taking an investment from Sequoia Capital) … → Read More
Boulder, Colorado-based startup incubator TechStars has decided to open a second office in Boston where it will run a concurrent mentorship program starting this summer.
The Boston program – which will probably be located in Cambridge – will accept the same number of companies (10) as the Boulder program, effectively doubling the number of TechStars companies admitted each year. Assuming… → Read More
TechStars, a startup incubator that offers mentorship along with a relatively modest amount of seed funding, has begun accepting applications for the third year of its program. Interested companies can apply here between January 19 and March 21, 2009, with winners selected by March 28. The TechStars team will select around ten companies to participate in the program, which takes place in… → Read More
More acquisition news from the TechStars Demo Day: madKast will soon be acquired by ShareThis, a widget company that allows users to share a blog post or news article across multiple services like Digg and MySpace. madKast, which we covered last October, is also a widgetmaker, allowing users to share posts through web services as well as through other routes like SMS messages and email.
Details… → 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
Washington D.C. based LaunchBoxDigital, a Y Combinator-like startup incubator that will invest small amounts of capital in very early stage startup ideas, is now taking applications for their first program. They’ve also raised their own first round of funding – $250,000 from Jonathan Miller (former CEO, AOL), Reed Hundt (former FCC Chairman), Raul Fernandez (CEO Object Video) and Chris… → Read More
Startup fund/incubator TechStars is now accepting applications for its 2008 intake (see our coverage of them a year ago). TechStars offers up to $15,000 in seed funding ($5,000 per founder, max $15,000) to broke entrepreneurs with a good startup idea. Ten winners will be selected, and winners will need to spend most of their time in Boulder over the Northern summer building out their ideas. In… → Read More
The first TechStars company to launch, MadKast has raised a $300,000 series A round of financing from EONBusiness Venture Capital and several Angel investors in California and Colorado. Another TechStars company, EventVue, closed their own round of funding last week. MadKast is an embeddable widget that lets you easily share links with your friends on any of 15 link sharing sites (Digg, Delicious… → Read More
Y Combinator wasn’t the only incubator to demo their most recent startups today. Colorado-based TechStars also brought their startups on stage – ten of them – to give the audience a first look at what they’ve been up to all summer. Each startup gave 5% of their equity in exchange for $15,000, operational support, office space and mentoring. Most of these companies are… → Read More
TechStars is doing something similar to what YCombinator has done – they’re funding 10 teams with up to $15,000 in seed capital and providing office space, operational support, and mentors from business leaders (and potential follow-on investors) in Boulder, CO. In exchange for the investment and everything else, the teams give up a meager 5% equity position in their companies. Our… → Read More
Got an idea? Willing to hustle for a summer to see it grow? Y Combinator just announced their summer application drive. Applications are due by April 2nd and by the 10th, a few will be selected to present in Mountain View on April 21-22nd. If selected, your team will relocate to work and learn in Cambridge, Massachusetts. For those of you unfamiliar with Y Combinator, it’s the seed financing… → Read More
TechStars is a new startup fund/incubator that’s generated a good discussion in the TechCrunch Forums. Like YCombinator, TechStars is looking for flat broke entrepreneurs with just a seed of a good startup idea. They are taking applications now, out of which ten winners will be selected. The thirty of so winning entrepreneurs (TechStars anticipates an average of three founders per idea) will… → Read More
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