Boulder’s Foundry Group fills its forge

Monday brought a little déjà vu for Boulder’s Foundry Group.

The venture capital firm with a deep portfolio of early stage tech, software and internet firms that includes the likes of Cheezburger, Next Big Sound and Trada raised $225 million for its third fund.

We will continue to do exactly what we have always done: invest in seed and early-stage investment opportunities in the software and IT space that are located across the United States. We’ll also continue to pursue a strategy of Thematic Investing that has served us well over our investing careers.

The firm used the same blog post as when it announced its second fund.

And while consistency is expected with the $225 million Foundry Venture Capital 2012, LP, fund, Foundry’s Seth Levine said in an e-mail interview with the Camera that he and his partners also are looking to the future:

“We’ve also been exploring a number of investments and potential investments that are creating online marketplaces for services or goods that have yet to be brought online. While this isn’t a full-fledged investment theme of ours, it’s moving in that direction.”

About Alicia Wallace

Alicia Wallace is the business reporter for the Boulder Daily Camera.
This entry was posted in Boulder, Funding and tagged , , , , . Bookmark the permalink.

Comments are closed.