Techstars

22 stories
California dreamin'
Transplant to West Coast says it's still better for fundraising than the East
san_francisco_postcard
If you're a Boston entrepreneur, you've probably thought about moving to California at least once or twice—admit it. Of course, some actually go through with it. I recently caught up with a couple of those who've made the move from Boston to San Francisco and Silicon Valley, to ask them about their experience of trading the East Coast for West. Read More
Start Me Up
UPDATE: Details of Techstars' new equity 'guarantee' clarified
Techstars Boston director Semyon Dukach (photo by Kyle Alspach)
Earlier, I wrote a post about how Tech stars' new approach to taking equity in participating startups addresses one of the criticisms that some have in regards to the accelerator program. Dan Primack wrote a piece earlier about the startup accelerator program's new "guarantee." I misread that as a kind of "pay what you want" philosophy, which isn't actually accurate.  Companies will still give up equity to take part in the program, it can just be negotiated if they are unsatisfied with their Techstars' experience. Read More
Permission Slips? We don't need no stinking Permission Slips
Techstars' EdTrips is more than your average back-to-school startup
Image via iStock
EdTrips is a startup that has found a way to make signing up and paying for field trips much easier for teachers, students, and especially parents. Since paper field trip permission slips and payments have a habit of getting lost in your kid's backpack, EdTrips is a great concept to start with. Read More
The Next Sports Hub
Fancred raises $3 million to become the online gathering for sports fans
BARRY CHIN/GLOBE STAFF
Fancred, the Boston-based mobile and online sports fan hub, announced today that is has received $3 million in funding from a group that includes new investor Breakaway Innovation Group as well as Atlas Ventures and Militello Capital, who participated in the company's $1.5 million seed round. Read More
Domo arigato, Mr. Roboto, domo...domo
DataRobot gets $21 million in new funding led by NEA
"Cloud computing design" via Shutterstock
Boston-based DataRobot has raised another round of funding according to multiple sources. The latest round of funding is a $21 million Series A led by NEA that, according to VentureWire, values the company at more than $60 million. Atlas Venture, who led the company's last investment, also joined the round. Read More
WePay it forward
How WePay inspired innovation at Boston College
bc commencement
The Boston College business majors who graduated Monday were high school seniors in December 2009 when WePay, the popular payments API company founded by BC alums, raised $1.7 million in a series A venture round. The startup’s continued success — contracts with big-name firms like Care.com and GoFundMe, plus another $32.5 million in funding — is a good reason why members of this year’s class will likely be more entrepreneurial than their predecessors. Read More
International Innovation
MIT International Innovation Symposium showcases impressive European startups
IMG_20140507_164917
Last summer I had the great fortune of visiting Portugal to get a better understanding of the startup ecosystem there. Since not everyone can go to Portugal to see it up close, thankfully MIT brought a portion of that ecosystem to Cambridge for Wednesday's MIT International Innovation Symposium. Read More
Not a garden variety incubator
Is Greentown Labs the coolest startup space in Boston? Yep.
Grove Labs founders Jamie Byron (left) and Gabe Blanchet. (Photo by Kyle Alspach.)

I knew that Greentown Labs in Somerville had some interesting startups. For instance, there’s Rise Robotics (formerly Urban Hero), a company that’s invented a spring that can seemingly give people jumping super-powers. And there’s also Sol Power, maker of outdoor solar charging stations for cell phones, and Refresh Water, which makes a vending machine that lets you refill your water bottle for cheap.

But I hadn’t heard yet about Grove Labs. And so I certainly didn’t expect that my tour of Greentown would include a sampling of hydroponically grown tatsoi.

Read More

Rising stars
The top-funded Techstars Boston startups
localytics_raj_new_web
Most startup portfolios, at least the good ones, have a few companies that go farther and grow bigger than the others. So it is with Techstars, the startup accelerator and investment vehicle that launched in Boston in 2009. Since then the program has run seven sessions, the latest of which concluded last week. Read More
Doubling down on Boston
Why being a Techstars chief beats being a blackjack whiz: a chat with Semyon Dukach
Techstars Boston director Semyon Dukach (photo by Kyle Alspach)

Semyon Dukach will probably always be most famous for his blackjack-related exploits as a young man studying at MIT. He was the main figure in a bestselling Ben Mezrich book ("Busting Vegas"), after all.

But Dukach, the brand new head of the Techstars Boston startup accelerator, doesn’t envy that younger version of himself. Read More