mFoundry Raises $15 Million

mFoundry Inc., a Sausalito, Calif.-based mobile application publisher and platform provider, has raised $15 million in Series C funding. Motorola Ventures led the deal, and was joined by PayPal, NCR Corp. and a “leading wireless operator” that was not named. Return backers included GRP Partners and Ignition Partners. Prior investor Apax Partners did not participate.


mFoundry has now raised around $25 million in total VC funding.