Foundry Group Launches Second $225 Million Venture Fund
The firm says that investment strategy with the new fund will remain the same as the initial fund. The Foundry Group mainly males seed and early-stage investments opportunities in the software and IT space within the U.S.
The fund was founded by Brad Feld, Ryan McIntyre, Seth Levine, and Jason Mendelson. The firm’s previous investments include Medialets, AdMeld, Trada, SimpleGeo, FitBit, StockTwits, BigDoor Media, and SendGrid.