i/o Ventures Is Now Taking Applications For Its March 2011 Program

i/o Ventures, a workspace incubator that launched just over a year ago, is accepting applications for the start of its March 2011 program. The deadline for applying is March 15th. The five or six startups who pass muster can take a 4-6 month long spot in the i/o Ventures 7,000 square foor loft/coffee shop as well as $25,000 in seed money. Each of the companies in each class gives up around 8% of the company for the package deal. The six companies in the last batch have all benefited greatly from being a part of the incubator, with two acquisitions and 4 financings between them: Damn The Radio was acquired by Fanbridge, SocialVision was a acquired by an undisclosed suitor, AppBistro raised around 700K from angels like Alfred Lin, Anomaly has raised a 500K round it will soon disclose more details about, Apprats has raised 400K from Dave McClure and other LA angels and Skyara is in the middle of financing a round.

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