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It has been an exciting start to 2017 with several notable funding announcements and M&A activity for many Techstars alumni.

Congratulations to:

In addition, here are the companies that have recently received significant investments!  

SalesLoft (Boulder ‘12), a sales engagement software company, announced a $15M Series B round at the end of January to continue to deliver new features and innovation. SalesLoft is based in Atlanta.

Neurala (Boston ‘13), recently raised $14M to build brains for drones and more. The Neurala Brain is a deep learning neural network software that mimics how the human brain works.

Zagster (Boston ‘12), the company that provides bike share programs for cities, universities, businesses and properties recently announced a $10M Series B round. Zagster is based in Cambridge, MA.

Filament (R/GA ‘15), a complete hardware and software ecosystem for building the Internet of Things, raised $9.5M in late February. Filament is based in Reno, NV.

INSPECTORIO (Retail ‘15), uses data and machine learning to improve quality control and bring transparency to supply chains. They announced a $3.7M seed round in early January. INSPECTORIO is based in Minneapolis.

Jiobit (Chicago ‘16), the company that created a wearable to give you peace of mind when it comes to your kid’s location, raised $3M in seed funding to continue to keep kids safe.

AdmitHub (Boston ‘15), announced $2.95M in seed funding to continue to guide students through school. AdmitHub provides virtual college counseling to students and helps colleges connect with prospects.

Hull (Boulder ‘13), the company solving customer data fragmentation, raised $2.6M in late January to become the central hub for all customer data. Hull is based in Atlanta.

Keymetrics (NYC ‘15), raised $2M in early February. Keymetrics is a real-time platform for managing and monitoring NodeJS applications.

Cuvva (Barclays London ‘16), announced £1.5M (~$1.86M) in new funding this past January. Cuvva offers flexible, on-demand car insurance by the hour. Cuvva is based in London.

Sequr (Atlanta ‘16), a SaaS solution for residential and enterprise physical access control, raised $1.75M in their second seed round in mid-January.

Apptentive (Seattle ‘12), a mobile customer engagement software that helps companies listen, engage and retain customers just announced another $1.7M round to continue to grow.

PartySlate (Chicago ‘16), announced a $1.6M raise in late February. PartySlate is an online platform to connect event providers with people looking to host an event.

PenPal Schools (Austin ‘15), raised $1.25M to connect students around the world. PenPal Schools connects classrooms around the world through online exchanges.

Bamba (Austin ‘16), raised $1.1M in mid-February. Bamba helps market research firms and development aid organizations open communication channels to engage mobile subscribers that generally would be considered inaccessible. Bamba is based in Nairobi.

Over the last decade, Techstars has grown a worldwide network with 100 exits, 1000 companies in the portfolio and 10,000 jobs created by those companies. Want to be a part of it? Learn how and apply today!


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David Cohen
(@davidcohen) Founder & Co-CEO of Techstars, previously founder of several technology companies. David is an active startup advocate, advisor, board member, and technology advisor who comments on these topics on his blog at DavidGCohen.com