TechStars has unveiled their first batch of startups for the cloud-centric offshoot TechStars Cloud, filled with eleven companies that want to make our lives in the cloud just a little bit easier. Each startup is given $18,000 once they are accepted into the program and then another $100,000 later on. The eleven companies have also had seed funding pledged or finalized, and David Cohen expects that each will find investors post-demo day.

[Source: TechCrunch]