Previous funding invested, Betaspring looks for more, focuses on alums

ALLAN TEAR, co-founder and managing partner of Betaspring, said the startup accelerator will take a break from its program this fall to focus on supporting its alumni. The next Betaspring session will be in spring 2015. / PBN FILE PHOTO/MICHAEL SALERNO
ALLAN TEAR, co-founder and managing partner of Betaspring, said the startup accelerator will take a break from its program this fall to focus on supporting its alumni. The next Betaspring session will be in spring 2015. / PBN FILE PHOTO/MICHAEL SALERNO
PROVIDENCE – Having invested all of its existing capital, Betaspring has decided to wait until spring 2015 to launch its next startup accelerator session as it seeks to raise new funding and focus on its current portfolio. The spring 2014 class of seven startups that graduated in June was smaller than previous Betaspring cohorts and…

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