16 MassChallenge startups take home prize money; 4 win $100K

Boston startup accelerator MassChallenge on Tuesday named 16 startups as cash prize winners for the 2012 competition, with the companies sharing $1 million in total and four winning the grand prize of $100,000. 

Now in its third year, MassChallenge provides free space at its South Boston office for the summer to finalist teams, along with mentorship and other services.  MassChallenge is supported by more than two dozen sponsors, including the Massachusetts Technology Collaborative as a "Diamond Sponsor."  Read More