Techstars

41 stories

Most people think of Zillow as a website where they can check out how much homes cost — their own house, their neighbors’ houses, and maybe even their dream home.

But as a business, Zillow’s primary target is actually real estate agents. The Seattle-based company makes most of its money selling online ads and other marketing services to real estate agents, who want to be seen by all of those people snooping on home prices. More →

Since it first launched in the spring of 2009, Downtown Crossing-based web marketing firm Localytics has been the most successful — in terms of investment funding raised — Boston Techstars alum for quite some time. But today, with a new $35 million round of funding, the company has raised more investment money than any other company that has taken part in the nationally recognized program.More →

Techstars Ventures, based in Boulder, recently announced it raised $150 million for its third fund, which it will use to invest in companies that are part the Techstars ecosystem, but beyond the seed stage. According to Techstars co-founder David Cohen, that community of potential portfolio companies includes Techstars graduates, companies founded by Techstars alums, and those started by entrepreneurs who have served as mentors for the program.More →

Magnet co-founder and CEO Alexander List is moving to San Francisco to try to raise money for the startup, which was part of the most recent class of the Techstars Boston entrepreneurship program. The company, previously known as Headtalk IO, had been running a Kickstarter campaign that sought to raise $60,000 to produce the first batch of Magnet bracelets. But the startup hadn’t hit that goal by the time the clock ran out last week — which in Kickstarter-land means no dough.More →

A little more than five years ago, I wrote about a re-org at Microsoft’s internal Startup Labs product development group. It turned out to be curtains for the Cambridge-based team, led by Reed Sturtevant — even though their old Web address still optimistically implores visitors to “please come back later.” But five years on, it’s clear the 2009 shakeup and ensuing departures freed up a number of people who’ve gone on to pollinate the local startup scene.More →