Today SendGrid announced that it has raised a $5m financing led by Foundry Group. Seed round investors Highway 12 Ventures, Jeff Clavier’s SoftTech VC, David McClure (via FF Angel) and David Cohen’s Bullet Time Ventures also participated in the round. Postini founder Scott Petry and WordPress founder Matt Mullenweg also participated in the financing. SendGrid offers a powerful and flexible cloud-based transactional email platform that enables companies and application developers to easily send and receive emails ...

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Posted by: Ryan McIntyre

If you’ve been following our blog, you already know that we think Boulder, Colorado, is an amazing place for tech startups.  Boulder doesn’t get the same press as high-profile tech meccas like Silicon Valley, Seattle and NYC, but we do have a real culture of entrepreneurship and proximity to a major research university (and all the energy and culture that come with a college town).  Equally important, the gorgeous surroundings of the Rocky Mountains mean ...

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Posted by: Foundry Group

As you may have read in a prior post on Boulder’s Culture of Entrepreneurship, we feel that one ingredient necessary to create and sustain this culture is engaged university activity. We are lucky to have the University of Colorado in our backyard and fortunate that it has consistently engaged in activities that foster and create entrepreneurship initiatives. While none of us attended CU, we’ve all adopted it as our “other school” and have become very involved ...

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Posted by: Jason Mendelson

If you saw our prior post about what Jason and Ryan learned by moving to Boulder, you read about the vibrancy of Boulder’s entrepreneurial spirit. We decided to follow that post up with some specifics regarding the startup culture of Boulder and some of our related activities within it. TechStars: If you are a frequent reader of Brad’s blog, you’ve probably seen some of his posts on TechStars. Brad’s not the only Foundry Group partner, however, ...

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Posted by: Jason Mendelson

In a follow up to our Who We Are post, Ryan and I thought we would compare VC life in Boulder, CO to that of the Silicon Valley. In some ways it’s remarkably similar and in some ways wonderfully different. For those of you who don’t know, Ryan and I met in 2000 while at the California offices of Mobius Venture Capital, became quick friends and even started a band or two. (Shameless Plug Alert: ...

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Posted by: Jason Mendelson