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So-called “power angels” have emerged as a force in the U.S.  technology start-up scene. They bring money and relationships to help promising start-ups get to the next stage.

David Cohen,  founder of TechStars, a well-known incubator of start-ups, has emerged as one of them — and he’s doing it by focusing his energies outside of Silicon Valley.

He’s just finished raising his own second seed fund, totaling $28M, which like his first fund is completely independent from TechStars.

TechStars has its own funding program, which awards every start-up in its program $118,000 in seed funding.

To read the full, original article click on this link: TechStars founder David Cohen turns “power angel” — raises $28M fund | VentureBeat