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Chute Opens Up With $7M Series A

Posted on: May 7, 2013 by Alastair GoldfisherNo Comments »

San Francisco-based startup Chute announced Tuesday it raised $7 million Series A round of funding led by Foundry Group, with existing investors Freestyle Capital and U.S. Venture Partners also participating. The company, which came out out of Y Combinator, previously raised about $3 million in funding from institutional ind individual investors, including Klout co-founder and CEO Joe Fernandez.

Foundry Group’s Brad Feld Joins Board of Harmonix

Posted on: March 28, 2013 by Connie LoizosNo Comments »

Brad Feld, cofounder of the Boulder-based venture capital firm Foundry Group, has joined the board of Harmonix Music Systems, a video game development company in Cambridge, Mass.

As VCs Look to Scale Their Existing Investments, Founders Can Expect More Scrutiny

Posted on: March 27, 2013 by Connie Loizos2 Comments »

It’s clear that fewer seed-funded companies are receiving follow-on rounds right now. For nascent startups, it’s certainly cause for hand-wringing. But already venture-backed companies that are gaining traction should also be concerned about what this trend means for them — specifically, more investor visits.

Boston Accelerator Bolt Gets Support From Autodesk, Logitech, Grishin Robotics

Posted on: February 20, 2013 by Mark BosletNo Comments »

The new Boston startup accelerator Bolt has raised financing from Autodesk, Logitech and Grishin Robotics, according to a press release. Other partners include Mick Mountz, founder of Kiva Systems and Brad Feld of Foundry Group. The accelerator plans to work with startups developing hardware, including robotics and consumer devices.

Rover.com Raises $7 Mln Series B Round

Posted on: February 4, 2013 by Luisa BeltranNo Comments »

The Foundry Group has led a $7 million Series B funding round for Rover.com. Existing investor Madrona Venture Group also participated. Brad Feld, a Foundry MD, is joining Rover.com’s’ board. Seattle-based Rover.com connects dog owners with approved, reviewed and insured sitters.

Rethinking Industry Conferences, Through a VC Lens

Posted on: January 30, 2013 by Jason Mendelson1 Comment »

Mark your calendars for VentureScape, May 14-15 in San Francisco; and be prepared to be engaged.

Urban Airship Acquires Tello

Posted on: December 4, 2012 by asormaniNo Comments »

Urban Airship has acquired Tello, a company that streamlines the creation and management of passes for Apple® Passbook®. Urban Airship is venture backed by Founder’s Co-op, Foundry Group, Intel Capital, salesforce.com, TrueVentures and Verizon.

isocket Secures $8m Series A led by Foundry

Posted on: November 1, 2012 by asormaniNo Comments »

isocket has received $8 million in a Series A round of funding. Foundry Group led the investment. New investor Costanoa also joined with participation from seed investors DFJ, SoftTech, Accelerator, Quest and Blumberg Capital.

Foundry Group Raises $225M Third Fund

Posted on: September 14, 2012 by Mark BosletNo Comments »

The firm closed its third fund, which at $225 million is exactly the same size as its second and first funds. Foundry Venture Capital 2012 will follow the same strategy as the earlier funds, also.

Entrepreneurs are Taking Kickstarter More Seriously; VCs Should, Too

Posted on: September 6, 2012 by Connie Loizos1 Comment »

You don’t often hear venture capitalists talking about the world’s biggest crowd-funding site, Kickstarter. But maybe they should.