TechStars

TechStars is a business incubator headquartered in Boulder, Colorado. TechStars was founded in 2006 by David Cohen and Brad Feld. (David Tisch later founded TechStars NYC.) The company operates startup incubator programs Boulder, Colorado, Boston, Massachusetts, New York, New York, and Seattle, Washington.The company operates startup incubator programs Boulder, Colorado, Boston, Massachusetts, New York, New York, and Seattle, Washington. Six programs are run each year. The companies that are accepted into the programs at first receive $18,000 in funding and mentorship in exchange for 6% of stock. In March 2011, TechStars raised $8 million from numerous angel investors to support its expanding business incubator. In late 2011, TechStars partnered with Bloomberg Television to produce a reality TV show named "Tech Star", with 10 entrepreneurs vying for a $5 million prize from angel investors. In September 2011, TechStars announced the launch of TechStars Cloud. TechStars Cloud will select companies focused solely on cloud computing and cloud infrastructure. The first program will run in San Antonio, Texas from January to April 2012. In early 2012, TechStars closed on $24M in a new funding round. The increased funding source allows the group to invest up to $100,000 or more in each of the startup companies accepted into its accelerator. The new funding came from Avalon Ventures, The Foundry Group, IAVentures, DFJ Mercury, SoftBank Capital, SVB FinancialGroup, RRE Ventures, Right Side Capital Management, as well as several individuals. The new funding was in the form of a convertible note. In February 2013, TechStars announced the opening of TechStars London — the first TechStars outpost outside of the U.S. It also announced a merger with Springboard, a UK-based accelerator founded in 2009 and modeled on TechStars.

• Official Website for TechStars