Tuesday, February 24, 2015

Techstars: Austin Tech Startup Community Alive, Kicking

Austin Ventures might be fading away, but Austin most definitely is not, says technology startup accelerator Techstars. On a post to the accelerator's blog, co-founder David Cohen said that there are "truly great startups" being born in Austin regularly, and that Techstars plans to continue to invest in Austin. The post comes due to hand wringing in the community over the fate of Austin Ventures and its effect on Austin's startup investment activity. Techstars said it will be making both seed and Series A investment locally. Techstars launched Techstars into Austin back in 2013, partly due to work with Austin Ventures.