TechStars Takes In $8M for Startup Programs

3/29/11Follow @gthuang

TechStars, the seed-stage investment fund and startup boot camp, said today it has raised $8 million for its mentorship programs in Boston, Boulder, New York, and Seattle. The latest round, from a number of venture funds and angel investors, brings Boulder, CO-based TechStars’ funding to nearly $11.5 million to date, and should enable the program to run for the next four years. TechStars recently said it was open-sourcing its operation, including its legal documents and investor network, to independent startup incubators in a dozen more U.S. cities, plus a few more abroad.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang