Foundry Group Blog

Apr 11 2011

We’ve written extensively about our thematic investment approach and a handful of our active themes, most recently our Distribution theme which we’ve been working on for several years but had yet to formalize and discuss publicly. Over the past few quarters, we’ve been thinking more about the online advertising investments that we’ve made over the last three years, which include AdMeld, Lijit, Trada, Medialets, Mandelbrot Project, Triggit and Integrate. While this is about 20% of our ...

Continue reading Foundry Group’s AdTech Investing: Adhesive

Posted by: Seth Levine

Nov 3 2010

We recently led the $5.4 million Series B funding round of Urban Airship. Besides our normal excitement of finding another great company to partner with, we are especially pleased to announce this as our first investment in our second fund. Launched in June 2009, Urban Airship has found early success providing mobile developers with tools to optimize their applications, including easy-to-implement products for mobile messaging and content delivery and authorization. To date, Urban Airship has delivered ...

Continue reading Foundry Group Invests in Urban Airship

Posted by: Jason Mendelson

Oct 5 2010

We are very happy to announce today the closing of our second fund, Foundry Venture Capital 2010, L.P. The fund is the same size as our last one: $225,000,000 in limited partner commitments. We are pleased to be working with a great group of investors. We will continue to do exactly what we have always done: invest in seed and early-stage investment opportunities in the software and IT space that are located across the United States. ...

Continue reading Foundry Group Version 2.0

Posted by: Jason Mendelson

May 12 2010

Oblong founder John Underkoffler was recently profiled where he spoke about the origins of the company.  When we speak about the history of Oblong, we tend to start with the movie Minority Report, where John was Steven Spielberg’s science advisor.  If you haven’t seen the movie in a while, check it out.  It is one of the only movies that we’ve seen that holds up in its vision of the future even 8 years later. ...

Continue reading The Origin of Oblong

Posted by: Jason Mendelson

May 10 2010

We are excited to announce that Foundry Group has invested in Sifteo, Inc.  Sifteo is a game-platform development company that has developed “Siftables” the world’s first table-top gaming platform. Siftables are sets of cookie-sized computers with motion sensing, neighbor detection, graphical display, and wireless communication capabilities that act in concert to form a single interface: users physically manipulate them by piling, grouping and sorting to interact with digital information and media. As cool as this sounds, ...

Continue reading Foundry Group Invests in Sifteo

Posted by: Jason Mendelson