Author Archives: Foundry Group

Lijit Completes Series C Financing

Lijit Networks, one of our portfolio companies, just announced today that it closed a $7.1 million financing led by Foundry Group. This financing gives Lijit the financial resources to focus its efforts on rapidly growing its already sizeable base of publisher users, launching its search-powered ad network, and further expanding Lijit’s cool people-oriented search solutions. […]

Our Investment in Lijit

As we’ve previously written, one of the things we intend to do with our blog is highlight the companies and entrepreneurs in whom we’ve invested. While it’s always nice to give our portfolio companies some exposure, it’s also a good way to provide concrete examples of the investment themes Foundry Group is pursuing. The purpose […]

Did Darwin Skip Over Email?

In a time when many folks view Twitter, Facebook, and LinkedIn as the new darlings of the Internet, we still believe that email has been and will long continue to be one of the Internet’s few enduring killer apps. Several of us at Foundry Group have been deeply involved with the email industry as insiders […]

Is “Geography” a Cliché in Venture Capital?

Most entrepreneurs who have raised venture capital have heard the popular cliché: Venture capitalists only invest in their backyard. The venture press and popular media are full of interviews with venture capitalists who emphatically state they’ll only invest in companies that are within driving distance, live in the same area code/zip code, or belong to […]