VC-backed TeamSnap adds eBay’s Vescio to board

By Iris Dorbian — 3 months ago

Boulder, Colorado-based TeamSnap, a tool for organizing and communicating updates for sports teams, has named Jennifer Vescio to its board of directors. Vescio is eBay‘s head of global strategy and business development. TeamSnap’s backers include Northgate Capital, Colorado Impact Fund, Crawley Ventures and Foundry Group.

Continue

Online interior design service Havenly grabs $7.5 mln

By Iris Dorbian — 3 months ago

Online interior design service Havenly has secured $7.5 million in Series A funding. Foundry Group led the round. PRESS RELEASE NEW YORK, NY ­ November 4, 2015 ­­ ​Havenly (www.havenly.com), the online interior design service that matches users with designers to curate any room for the flat­ rate of $199, today announced it has raised $7.5 […]

Continue

Techstars and Foundry Group back Two Bit Circus

By Iris Dorbian — 4 months ago

Los Angeles-based high-tech circus Two Bit Circus has raised $6.5 million in Series A funding. Techstars Ventures and Foundry Group led the round with participation from Intel Capital. In addition to the funding, Mark Solon, a managing partner at Techstars Ventures and Ryan McIntyre, a managing director and co-founder at Foundry Group, have been added to the Two Bit Circus’ board of directors.

Continue

J.P. Morgan leads $140 mln funding of AppDirect

By Alastair Goldfisher — 4 months ago

San Francisco-based AppDirect, a provide of cloud services to power ecommerce, announced it has raised $140 million in funding led by J.P. Morgan Asset Management. Also participating in the round are Foundry Group, iNovia Capital, Mithril Capital Management, StarVest Partners and Stingray Digital. Since the company was founded in 2009, it has now raised $245 million in total funding, including an $8.5 million Series A round in 2012.

Continue

Foundry Group leads $12.5 mln round for Pioneer Square Labs

By Iris Dorbian — 4 months ago

Seattle-based Pioneer Square Labs, a studio that creates and launches tech startups, has secured $12.5 million in funding. Foundry Group led the round with participation from other investors that included Bezos Expeditions, Greycroft Partners, Madrona Venture Group, Maveron, Menlo Ventures, MHS Capital, True Ventures, Voyager Capital and Vulcan Capital.

Continue

TeamSnap rallies $10 mln Series B

By Iris Dorbian — 5 months ago

Boulder, Colorado-based TeamSnap, a tool for organizing and communicating updates for sports teams, has raised $10 million in Series B funding. Northgate Capital led the round with participation from other investors that included Colorado Impact Fund, Crawley Ventures and Foundry Group.

Continue

Bain Capital Ventures leads $225 mln round for AvidXchange

By Iris Dorbian — 5 months ago

Charlotte, North Carolina-based AvidXchange, a provider of accounts payable and payment automation, has closed $225 million in funding. Bain Capital Ventures led the round with participation from Foundry Group, NYCA Partners, KeyBank, Square 1 Bank and TPG Special Situations Partners. In addition to the funding, Matt Harris, managing director of Bain Capital Ventures, Brad Feld, co-founder of Foundry Group and Techstars, and Hans Morris, managing partner at Nyca Partners, have been added to AvidXchange’s board of directors.

Continue

Spare5 pulls in $10 mln

By Iris Dorbian — 6 months ago

Seattle-based Spare5, a platform that pays people to perform micro tasks in their spare time, has secured $10 million in Series A funding. Foundry Group, Madrona Venture Group and New Enterprise Associates led the round.

Continue

Sovrn raises $18 mln

By Luisa Beltran — 6 months ago

Sovrn Holdings has closed an $18 million funding round led by the Foundry Group. Existing investors Oak Investment Partners, Archer Venture Acquisitions and John Battelle also participated. Boulder, Colorado-based sovrn provides tools and services to publishers.

Continue

Occipital nabs $13 mln Series B

By Iris Dorbian — 7 months ago

San Francisco and Boulder, Colorado-based Occipital Inc, a developer of the Structure Sensor and SDK, has raised $13 million in Series B funding. The investors included Intel Capital, Shea Ventures, Grishin Robotics and Foundry Group.

Continue

Hardware startup LittleBits snags $44.2 mln

By Iris Dorbian — 8 months ago

New York-based hardware startup LittleBits Electronics Inc has raised $44.2 million in funding. DFJ Growth led the round with participation from other investors that included Morgan Stanley Alternative Investment Partners​, Grishin Robotics, Wamda Capital, Foundry Group​, True Ventures,​ VegasTechFund​, Two Sigma Ventures​ and Khosla Ventures​. In conjunction with the funding, Barry Schuler of DFJ Growth, has been added to the LittleBits board.

Continue

Sourcepoint scores $10 mln Series A

By Iris Dorbian — 8 months ago

New York-based Sourcepoint, a content compensation platform for premium publishers, has raised $10 million in Series A funding. Spark Capital and Foundry Group led the round with participation from Greycroft and Accel Partners Europe.

Continue