For Third Time Running, Foundry Group Bags $225M Fund
September 17, 2012
Early-stage IT investor Foundry Group has closed on a $225 million fund, for the third time. The firm's previous funds, Foundry Venture Capital 2010 and Foundry Venture Capital 2007, also both closed on $225 million, in November 2007 and October 2010, respectively. Foundry Group has successfully exited companies including now public Zynga and Admeld (acquired by Google in Dec. 2011), and its current portfolio contains companies like Fitbit and SEOmoz.