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Today we are pleased to announce our investment in Demand Side Platform (DSP) Triggit and welcome Zach and Susan Coelius, Ryan Tecco and the rest of the Triggit team to the Foundry family. Triggit has developed technology that helps advertisers and agencies buy media across various real-time bidding exchanges. Seth has a longer post up on his blog describing...Continue reading
We recently closed a $4m investment in BigDoor Media. Based in Seattle, BigDoor provides a platform for non-game publishers to integrate game mechanics, such as points, badges, levels, leaderboards, virtual currency and virtual goods, into their web and mobile applications. The web has become increasingly social. While many simple social features, such as sharing, liking, and favoriting content are appearing on...Continue reading
We are pleased to announce that Foundry Group has invested in SimpleGeo. SimpleGeo, based in Boulder, CO, provides a hosted geospatial platform for web and mobile application developers, enabling third party app developers to build sophisticated location-based functionality into their applications on web-based and mobile platforms, including Android devices and the iPhone, iPod touch and iPad. With the widespread availability of...Continue reading
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...Continue reading
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...Continue reading
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...Continue reading
While we are fans of investing in companies in the email ecosystem with our thematic investing approach, we have come to the realization that email is not the most efficient form of communication for evaluating potential investment opportunities. We are blessed to have a large number of entrepreneurs who are interested in us as potential partners and the volume of email...Continue reading
Today is the public launch of Trada - a company we've been working with for the last 18 months to develop a platform that we believe will revolutionize search marketing. The fundamental premise is pretty straightforward: search campaigns are better managed by experts. The Trada platform brings together a "crowd" of search marketing experts to work on search campaigns of...Continue reading
