Techstars Ventures Raises $150M Fund

techstars-logoAccording to a blog post by David Cohen (read here), Techstars Ventures raised a $150m third fund.

Techstars Ventures 2014 is making seed and Series A investments in startups emerging from the Techstars ecosystem, which includes Techstars accelerator program graduates, new companies started by Techstars alumni, and companies formed by Techstars mentors.

In conjunction with the announcement, Techstars promoted Jason Seats, Nicole Glaros and Ari Newman as partners.
– Jason Seats was the founder of Slicehost (acquired by Rackspace), and has managed both Techstars Cloud and Techstars Austin since joining us in 2011.
– Nicole Glaros is an investor who has managed and provided oversight for Techstars programs in Colorado, New York and Texas since joining us in 2009.
– Ari Newman founded Filtrbox (acquired by Jive) in 2007 and joined Techstars in 2011.

The fund is active and has already made investments in Distil Networks, Conspire, and Ello.

FinSMEs

29/01/2015

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