Foundry Group is seeking to raise $225 million for its latest venture fund, according to an SEC filing. In October 2013, the Boulder, Colorado-based venture firm closed its fourth fund at $225 million, as previously reported by PE HUB.
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.
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.
Fitbit Inc (FIT.N) priced its initial public offering at $20 per share on Wednesday, valuing the maker of wearable fitness tracking devices at about $4.1 billion, Reuters News reported.
Minneapolis-based LeadPages, a landing page and lead generation platform provider, has raised $27 million in Series B funding. Drive Capital led the round with participation from Foundry Group and Arthur Ventures. In addition to the funding, Drive Capital’s Chris Olsen has been appointed to LeadPage’s board of directors.
Mapbox said it raised $52.55 million of Series B capital in a deal led by DFJ’s growth team. Other new investors include DBL Partners, Thrive Capital, Pritzker Group, Promus Ventures and Jon Winkelried, an ex-president of Goldman Sachs. Existing investor, Foundry Group, which did the company’s Series A, participated.
Yesware has raised $13.3 million in funding, the company announced in a blog post on its site. Foundry Group led the round with participation from Battery Ventures, Google Ventures, Golden Venture Partners and IDG Ventures. Based in Boston and San Francisco, Yesware is an all-in-one sales acceleration platform for salespeople.
Seattle-based Glowforge, which is developing a 3D laser printer, has raised $9 million in Series A funding. Foundry Group and True Ventures led the round.
San Francisco-based DataHero, a provider of self-service Cloud BI, has raised $6.1 million in Series A funding. Return backer Foundry Group led the round. Also, the company has named Ed Miller as CEO.
Boulder, Colorado-based Trada, a paid search crowdsourced marketplace, has shut down its operations, CEO Matt Harada confirmed in a post on the company’s site. The reason cited for the closure was the company’s inability to pay its creditors. Trada, which launched in 2008, was backed by Foundry Group and Google Ventures. To read the announcement, visit here.
Denver-based FullContact, a provider of fully connected address book solutions, has raised $10 million in funding. Foundry Group and Baird Capital led the round with participation from Blue Note Ventures and 500 Startups. In conjunction with the funding, Benedict Rocchio of Baird has been added to FullContact’s board.
Seattle-based Rover.com, a network that connects dog owners with dog sitters, has raised $25 million in funding. Technology Crossover Ventures led the round with participation from return backers Foundry Group, Madrona Venture Group, Menlo Ventures and Petco. Also, Rover has appointed Jeremy Wacksman, Zillow‘s vice president of marketing and product management, to Rover’s board of directors.
UTIMCO benefits from traditional go-early investment strategy.
Urban Airship, a provider of customer engagement solutions for brands, has closed $21 million in Series D funding. The investors included August Capital, Foundry Group, Franklin Park Associates, QuestMark Partners, True Ventures and Verizon Ventures. Also, the company has named Erin Hintz as chief marketing officer and Mike Musson as senior vice president of strategy and business development.
Boston-based art tech startup Cuseum has raised $1.2 million in seed funding. The investors included Foundry Group’s FG Angels, Atlas Venture’s Boston Syndicates, Seavest Capital Partners, Drummond Road Capital and New Gen Partners.
FullContact has secured $7 million in funding in a round led by Foundry Group with participation from 500 Startups and Blue Note Ventures. Based in Denver and Latvia, FullContact is a provider of unified contact data for consumers and API developers.
AngelList, which was co-founded in 2010 by Naval Ravikant and Babak Nivi, released its stats for 2014 in which it reports having helped 243 startups raise more than $100 million from 2,500 investors.
Mattermark, which provides a data platform used by investors to track private companies, has raised a $6.5 million Series A round that was led by Foundry Group. The San Francisco-based company was founded in 2013 and has now raised $11.3 million in total funding. Participating in the Series A was many of the company’s seed-stage investors, including 500 Startups, Andreessen Horowitz, Data Collective, Sherpa Ventures, Felicis Ventures, New Enterprise Associates, Version One Ventures and many individuals, including Jeff Lawson, Carter Rabasa, Damien Tanner, Daniel Clark, Eileen Burbidge, Elliot Loh, Enrico Pandian, Eric Ries, Ullas Naik and others. As part of the Series A round, Brad Feld, managing director of Foundry, has joined the Mattermark board.