Pearl Izumi was purchased by United Sports Brands earlier this year. Remaining employees will either work remotely or move to California.
Among those that raised cash: A robotics firm, two aerospace companies, and a business with an app for insurance agencies.
The $216 million raised by 40 Colorado companies was down from the $224 million raised by 27 startups in February.
“There was still cash in the drawers, food still out, and the dishwasher was probably mid-cycle when we left,” said a co-owner of The Rotary after fleeing flames.