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Alicia Wallace
PUBLISHED:
Getting your player ready...

Boulder-based TechStars has secured the operations of its startup accelerator programs for another four years, officials have announced.

TechStars raised $8 million from more than 20 venture capital firms, private investors and alumni, said Nicole Glaros, TechStars’ managing director.

The money will fund the operational costs and seed investments for participants of the program and be split evenly among its operations in Boulder, Boston, New York and Seattle.

TechStars was developed as a means of providing seed funding and mentor support for a handful of technology startups during an intensive three-month program. TechStars provides up to $18,000 for each company.

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