Frederick Townes had already started two other companies when he joined TechStars Bostonâ€™s Spring 2011 class. He is founder of W3 Edge, a web development and marketing agency, and W3 MARKUP, a user interface development outsourcing service. Townes' TechStars experience focused on Placester, a platform that provides easy-to-use tools for marketing, advertising, and relationship management in the real estate industry. He and his co-founder raised more than $800,000 in funding.
â€œMentorship was clearly the real value,â€ Townes says of his time in the accelerator program. â€œIt makes all the difference to work with folks that have been through the exact challenges youâ€™re facing.â€