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Smith & Tinker Financing

While the Nanovor Online Battle Game provides a superb kid-vs-kid gaming experience online at the PC, Smith & Tinker’s vision is to enable kids to take the Nanovor universe with them wherever they go, and that they be able to play both solo and head-to-head with other children when they are away from a computer.

…We view the platform Smith & Tinker has created as an important step for the toy industry, and as an example of another step in the evolution of human-computer interaction enabled by the availability of computing components sophisticated enough (yet cheap enough) to bring a compelling and unique gaming experience to a children’s toy with a sub $50 price point.

Foundry Group’s AdTech Investing: Adhesive

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 […]

Our (Data)Heroes…

Today, our portfolio company DataHero announced their product is exiting beta into GA release, and that they raised a new round of funding led by Foundry Group. Even better, they announced integration with their portfolio company cousin SendGrid, allowing easy analysis of send and open rates, and easy drag-and-drop cohort analysis of SendGrid’s data. DataHero […]

Our Investment in Modria

We are pleased to announce that we’ve completed an investment in Modria.  Located in San Jose, CA, Modria is building an online dispute resolution and mediation platform. With the explosion of online activities, people are transacting at a rate never before seen.  This obviously includes ecommerce, but also includes mundane things like paying bills online, […]

Foundry Invests in Triggit

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 […]