Startup Accelerator TechStars Showcases 11 New Startups At Boulder Demo Day

Today, seed fund and accelerator TechStars hosted its "Demo Day" in Boulder, where it showcased its 11 newest startups. With an average funding of $1.28 million raised per TechStars-backed company so far, it was an important day for these new companies as the room was full of investors at the Boulder Theater.

TechStars was founded in 2006 in Boulder but now holds programs in Boston, New York City and Seattle as well. Last April, it debuted a new accelerator called TechStars Cloud that focuses exclusively on backing cloud computing and infrastructure startups.