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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, […]

What We Learned at CES

Foundry Group attended the latest incarnation of CES this past week and thought we’d give some of our thoughts on the show. In no particular order, here is “What We Learned at CES.” Don’t buy a television for the next 6 months. This is certainly counter to what retailers and producers would want us to […]