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Stanford Student Startup Accelerator StartX Raises Another $400,000, Bringing Total Funding To About $1.5 Million

Stanford Student Startup Accelerator StartX Raises Another $400,000, Bringing Total Funding To About $1.5 Million

StartX, which is a startup accelerator for Stanford students, has raised another round of funding, adding $400,000 to its coffers since last December.

That money comes from new investors that include Cisco, Founders Fund, AT&T, Groupon, and Founder.org, and was primarily raised by Stanford students — StartX Sr. Managing Director Jeff Mounzer and Partnerships Director John Melas-Kyriazi — doing business development for the accelerator. That brings the total amount raised to $1.5 million, with previous investors including the Kauffman Foundation, Microsoft, Greylock Ventures, and AOL among others. More...


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StartX Announces Partnership with Microsoft

StartX is pleased to announce a Signature Partnership with Microsoft to support high-potential entrepreneurs coming out of Stanford University. As StartX’s newest partner, Microsoft will provide financial sponsorship, technical resources, and significant scaling and distribution opportunities for StartX’s portfolio companies through Microsoft BizSpark.

With support from its partners now totaling over $1M this year, StartX can continue to fulfill its mission of becoming the best place in the world for entrepreneurs to develop. More...


Signature Projects

Over the last several months, StartX companies have begun leveraging Microsoft’s resources as part of their company development.

Appfluence builds priority-management software solutions for executives and managers.

Microsoft is providing extensive technical, business, and design resources for Appfluence to migrate their award-winning product, Priority Matrix, to the Windows 8 platform.

Appfluence

MindSumo provides a platform for companies to actively engage with students by posting real-world challenges for them to solve. Their community of university students submits creative solutions for a chance to win monetary rewards and recognition.

Startup Weekend Toronto

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About StartX

StartX is the Stanford Student Startup Accelerator, a 501(c)(3) not-for-profit that, together with their entrepreneurs-in-residence, successful alumni, and a superlative mentor network (700+ experienced Silicon Valley leaders), provides community, mentorship, customized real-time education, office space and other critical resources to the best and brightest upcoming Stanford-affiliated founders.

Contact Information
Website: startx.stanford.edu
Twitter: @StartX
Facebook: facebook.comStartX

StartX in the News

Silicon Valley/San Jose Business Journal (June 8, 2012)