Boulder’s Accuer, Evver and Kapta Systems to pitch at Colorado Capital Conference

Three Boulder companies were selected to make presentations to investors at next month’s 25th annual Colorado Capital Conference in Denver, officials announced Tuesday.

The event takes place Nov. 6 and 7 in Denver and Golden, respectively, and includes a keynote address by U.S. Rep Jared Polis, D-Boulder, presentations and funding pitches.

The Boulder companies slated to pitch to investors are: Accuer, which developed a software-as-a-service application to shorten the schedules of project development teams; Evver, which developed a video production and sharing software program; and Kapta Systems, which developed a cloud-based strategic planning program for businesses.

The local firms will join Carbo Analytics, of Fort Collins; Closely Inc., of Denver; Field Squared, of Denver; fuseSPORT, of Colorado Springs, Hydrant-Flush, of Westminster; Lenimen, of Denver; NightFlyer, of Denver; ORBTR, of Denver; and OrderStorm, of Golden.

For more information about the conference, visit

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TechStars Boulder to stream Demo Day presentations this afternoon

logo@2xParticipants of TechStars Boulder’s summer startup accelerator program will present their companies to investors and entrepreneurs today as part of the program’s Demo Day.

TechStars will have a live stream of the presentations. To view the live stream, which starts at 2 p.m. Mountain, and learn more about the 10 companies, visit:


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Boulder-based Kapost raises $5.6 million, plans to hire 40 people in 18 months

TechStars alumnus Kapost settled in a pretty nice niche when it pivoted from offering a software to assist publishers in managing content and workflow to offering a content marketing platform for large brands that have gravitated toward more online publishing.

Not even five years after its inception, the Boulder-based Kapost counted more than 100 clients — primarily firms with $50 million-plus in revenue — raised nearly $3 million in funding, doubled its annual revenue and turned a profit.

As a means to continue that momentum, Kapost landed additional growth capital.

The company on Thursday announced it raised $5.6 million from new investors Lead Edge Capital and Floodgate with participation from existing investor High Country Venture.

The money will allow Kapost to bolster its product offerings and ramp up its staffing. The 20-employee firm plans to hire 15 more people by the end of the year and another 25 next year, said Mike Lewis, Kapost’s co-founder and president.

“This is a popular space and we’re already the industry leader in this space,” Lewis said. “As this space is heating up, we just want to further grow our position as the leader.”

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Boulder’s FlixMaster launches interactive video for iPhone, Android

Boulder startup FlixMaster launched out of the 2011 TechStars program aiming to bring its drag-and-drop interactive video editor to one-person shops and large-scale enterprise customers.

On Wednesday, roughly six months after raising $1.1 million and working with the likes of HBO and NBC, FlixMaster announced it was bringing its technology to the iPhone and Android.flixmaster Clients Maybelline New York and Philips are using FlixMaster’s video platform as an element of new mobile campaigns, said Erika Trautman, FlixMaster’s chief executive officer.

Maybelline recently unveiled #TheGlamourEye, a campaign anchored with a “Choose Your Own Adventure” book-like beauty tutorial where users can, mid-video, select different options — including time of day and style — to get makeup ideas and click to buy products. Continue reading

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Boulder-based TeamSnap acquires

Boulder’s TeamSnap Inc. is on a streak.

The local firm that develops software to manage the activities of sports teams and organizations kicked off the year with a $2.75 million investment from the parent company of the Toronto Star.

TeamSnap followed that move by acquiring Weplay, a youth sports-focused social networking and team management site.

On Wednesday, the company announced it snapped up another firm:

Rteamsite was a sports league and team website management service from Quality Coaching.

Financial terms of the acquisition were not disclosed.

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The Kettle & Stone Brewing opening in Boulder

Boulder newest brewery is coming on line in a matter of days.

The Kettle & Stone Brewing Co., a craft brewery located at 6880 Winchester Circle in Gunbarrel, will have a soft opening Friday and is scheduled to open for business on June 26.

The Kettle & Stone team that consists of Eric Huber, Sanjiv Patel and Marty Lettow, say the brewery’s custom-built brewhouse — which is supplemented by a hop-back system — will allow them to brew flavorful beer and ginger ale from pure ingredients.

We’ll have a full profile coming on Kettle & Stone for this coming Monday in our Business Plus section and online.

Until then, here’s a look at an updated beer map:


Breweries, brewpubs and breweries in planning in Boulder and Broomfield counties. Breweries in planning are identified by the yellow markers. (Updated June 20, 2013. Pushpin icons indicate new additions/modifications made during latest update). Sources: Brewers Association, Boulder Daily Camera

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Study: One digital tech startup launched every 72 hours in Colorado

Colorado Startup Report

Colorado Startup Report

In Colorado, a digital technology company launched every 72 hours last year and digital startups across the state raised more than $500 million, according to a report released today.

Built In Denver, an online community for Front Range entrepreneurs and startups, on Monday released its first-ever report about the state and health of the Colorado startup scene.

Among the 2012 Colorado Startup Report’s findings about digital technology startups:

  • Twenty digital tech firms were acquired, including Boulder’s Snapjoy, Everlater and Collective Intellect.
  • Boulder-based digital startups raised $197 million.
  • Thirty-six Boulder firms raised more than $1 million.
  • Denver firms, comparatively, raised $280 million and 33 companies based in the Mile High City raised more than $1 million.
  • Colorado entrepreneurs founded 122 digital startups

“2012 was another record-setting year for digital technology companies in Colorado,”  Erik Mitisek, CEO of the Colorado Technology Association and Built In Denver’s board chair, said in a statement.  “The spotlight on Colorado’s digital technology economy is shining bright, as government, media, large corporations, major universities and investors from around the country are taking notice — and now we have the data to prove it.”

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SpotRight, Boulder social data firm, raises $2.87 million, SEC filings show

SpotRight Inc., a Boulder-based firm that uses social media data to bolster marketers’ efforts, has raised more than $2.8 million in investment capital, Securities and Exchange Commission filings show.

SportRight CEO Ed Messman photographed at his office in Boulder, in July 2012. Photo: Mark Leffingwell/Daily Camera

SportRight CEO Ed Messman photographed at his office in Boulder, in July 2012. Photo: Mark Leffingwell/Daily Camera

The company raised $2.87 million as part of a $4.2 million round, according to regulatory filings made Thursday.

Seventeen investors contributed to the equity round, according to the filings.

SpotRight has not publicly announced the most recent investment.

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Boulder’s TeamSnap snaps up competitor Weplay

TeamSnap, a Boulder-based firm that develops software to manage sports teams and organizations, acquired the customer base and technology of Weplay a youth sports-focused social networking and team management site.

Financial terms of the acquisition were not immediately disclosed.

Credit: TeamSnap

Credit: TeamSnap

The New York-based Weplay, which has raised roughly $15 million since its launch in 2008, has 2.25 million customers.

The acquisition practically doubles TeamSnap’s customer base. TeamSnap now has 5 million customers in 195 countries, officials said.

As part of the transaction, TeamSnap also snapped up Weplay’s technology, online coaching resources and video content, officials said in a news announcement.

Earlier this year, TeamSnap raised $2.75 million in an investment round led by the parent company of the Toronto Star news organization. The acquisition allowed for further expansion into Canada, TeamSnap officials said.

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Orbotix Inc., Boulder-based maker of Sphero, raises $4M more

Orbotix Inc., the Boulder-based firm that manufactures the smartphone-controlled Sphero robotic ball, appears to have raised $4 million of a nearly $10 million investment round, according to Securities and Exchange Commission filing made Thursday.

Sphero (Credit: Orbotix Inc.)

Sphero (Credit: Orbotix Inc.)

Three investors have contributed to the equity offering, according to the filing. The date of the first sale was April 26.

To-date, Orbotix has raised more than $11.1 million since it launched out of the TechStars program in 2010.

Roughly 45 percent of that total funding came last May in a round led by Boulder’s Foundry Group and the Boise-based Highway 12 Ventures. The $5 million raised last year was put toward apps and additional development costs for its Sphero ball devices, which had started shipping in January of 2012.

Since that time, Sphero has landed in the hands of President Barack Obama, garnered attention for its augmented reality offerings and has gained steam as an educational tool.

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