The 2009 class in Boulder was really outstanding. It was our third year, and I think this class was the strongest overall group we’ve had yet.
All the deals aren’t done yet, but 6 of the 10 companies from this summer in Boulder will eventually announce that they’ve closed deals led by VC firms. These are all seed rounds ranging for $300K – $1.5M. We’re confident that one or two more companies will be angel backed as well.
In past years, we’ve seen most of the companies funded by angel investors. This dynamic really shifted this year both due to the quality of the companies and the awareness of TechStars among venture capitalists. I expect the same kind of trajectory for the Boston program, will should be announcing some other interesting news this week as well.
If you haven’t checked out the 2009 companies, do it now. There are some really interesting ones from both Boulder and Boston – expect some great things from them in the future.