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More Money For Utah & Other Mountain-Area Startups: Kickstart Raises $26M Second Fund, Invests In RackWare, Its First Non-Utah Company

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http://techcrunch.com – Kickstart Seed Fund (not to be confused with crowdfunding giant Kickstarter), has raised $26 million for a second fund to invest in Utah-based startups, along with others in the “Mountain West” region of the U.S. Since its launch in 2008, with a $8 million fund raised by Managing Director Gavin Christensen, Kickstart has invested in 24 companies, including two exits with Panoptic Security in November of 2012 and GroSocial in January of 2013. Today, the firm holds investments in a number of startups including Needle (our coverage), Ecoscraps, Fuze Network (our coverage), and Drops (IT news)