Foundry Group Blog

May 18 2011

Today we are pleased to announce that we’ve led a $3M Series A financing in MongoLab, a San Francisco-based DBaaS (that’s database as a service) provider of MongoDB in the cloud.  We are joined by a great syndicate of investors that includes Baseline Ventures, GRP Partners, Freestyle Capital and Bullet Time Ventures MongoLab fits squarely into our Glue investment theme and represents a growing category of cloud-based application infrastructure providers in our portfolio that includes Gnip, ...

Continue reading Our Investment in MongoLab

Posted by: Ryan McIntyre

Apr 7 2011

We are excited to welcome Openspace to our family. We made a seed investment back in October 2010 and the company asked us to hold off announcing anything until they had a few things ironed out. Openspace is a one-stop marketplace for buying apps, music, books and movies for smart phones, tablets and desktops.  They are approaching building an app store from an open community perspective, via the Developers Cooperative, which we thought aligned well with ...

Continue reading Our Investment in Openspace

Posted by: Jason Mendelson

Mar 2 2011

Tired of not finding what you are looking for when you search your email system?  If you know the person who sent the message you are looking for, you might have some luck.  But if you are looking for information contained within an attachment, link, or if you’ve forgotten who the sender was, you are most likely in trouble. But maybe not.  We are pleased to announce our investment in Attachments.me, which is building a natural-language ...

Continue reading Foundry Group Invests in Attachments.me

Posted by: Jason Mendelson

Feb 14 2011

RIM has announced that it has acquired Gist.  We are super proud of the Gist team for all they have accomplished since we invested in them in May 2009. Continue reading Gist Is Acquired By RIM

Posted by: Brad Feld

Jan 18 2011

Today Cheezburger Holdings announced that we have led a $30 million financing. We were originally introduced to Cheezburger’s founder and CEO Ben Huh about 18 months ago by our mutual friend Micah Baldwin at the LA TwiistUp event. We apparently shared a fondness for clever misspellings and hit it off immediately. At the beginning on 2010, with our friend Greg Gottesman from Madrona Venture Group, we approached Ben and started talking about investing in Cheezburger. The timing ...

Continue reading We Took A Bite Out Of Cheezburger

Posted by: Brad Feld