Tag Archives: Foundry Group
Zynga Expected To Raise Between $850 Million and $1.15 Billion In IPO
Zynga has filed documents with the SEC this morning which indicates that they are planning on raising between $850 million and $1.15 billion in their public offering. This is about $15 million more than their previous estimates.
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Occipital Is Developing Some Of The Most Sophisticated Augmented Reality Applications
Occipital is a TechStars company that had raised $7 million in Series A funding. The Boulder, Colorado based company had previously sold an app to eBay called RedLaser. And the company recently launched a new app called 360Panorama. 360Panorama will allow people to take 3D panoramic image captures through mobile devices. Now Occipital is planning a campaign to launch some high-tech augmented reality applications.
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Crowdtap Raises $7 Million
Customer-targeting service Crowdtap has raised $7 million in funding to improve its engineering and sales teams. The investors include Foundry Group, GSA Venture Partners and Mr. Youth. The latter previously invested $3 million in Crowdtap as seed funding. The service offers brands more information about their customers, and already has 150,000 clients, including Old Navy, Pinkberry and Bing. [TechCrunch]
Categories Crowdtap, Foundry Group, GSA Venture Partners, Mr. Youth
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Cloud Database Company MongoLab Raises $3 Million From Multiple Investors
San Francisco based cloud database company ObjectLabs has raised $3 million in Series A funding led by Foundry Group, GRP Partners, Baseline Ventures, Freestyle Capital, David Cohen, and a few others. ObjectLabs is best known for launching the database-as-a-service company MongoLab. MongoLab is the database-as-a-service provider for MongoDB. 10gen‘s MongoDB is used by companies like Foursquare, Bit.ly, and Etsy.
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Blog Advertising Company Lijit Raises $10 Million
Lijit Networks is an ad company that power third party advertising services for publishers and offers a complementary search tool widget. The company has recently raised $10 million in funding.
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Smartphone Toy Company Orbotix Raises $5 Million
Orbotix is a smartphone toy company that has raised $5 million in Series B funding from Foundry Group and Highway 12 Ventures. Orbotix plans on launching a toy called Sphero this fall. Sphero is a robotic ball that can be controlled by iOS and Android devices. Orbotix spun out of the TechStars incubator. Sphero costs $130 and will include multiple games and apps. Mark Solon of Highway 12 Ventures and Brad Feld of Foundry Group will be joining the company board of directors as part of the funding deal. [TechCrunch]
Categories Foundry Group, Highway 12 Ventures, Orbotix, TechStars
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Attachments.me Raises $500,000 In Seed Round
Attachments.me is a start-up that is aiming to help you easily find pictures or documents in e-mail attachments. Foundry Group has invested a $500,000 seed round in Attachments.me. Attachments.me was founded by Jesse Miller Ben Coe, and Joe Stump. Attachments.me indexes all of the attachments in your e-mail, then displays them in a visual grid. Attachments.me does not have a Gmail plug-in as of yet.
Categories Attachments.me, Foundry Group
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Cheezburger Blog Network Raises $30 Million
The Cheezburger network of websites include FAIL Blog and LOLcats. The company has raised $30 million in funding led by the Foundry Group, Avalon Ventures, Madrona Venture Group, and SoftBank Capital. Brad Feld (Foundry), Greg Gottesman (Madrona), and Rich Levandov (Avalon) will be joining the board of directors at Cheezburger. I Can Has Cheezburger now has a total of $32.5 million.
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Cloud Engines Raises $15 Million
RIM May Buy Gist
Research In Motion Limited (NASDAQ:RIMM) is in talks to acquire Gist. The deal is rumored to be nearly complete. Gist is a service that creates a profile for your friends in your business network from public information. Gist is led by CEO and former Microsoft employee T.A. McCann. The company has funding from Paul Allen’s Vulcan Capital.
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Categories Foundry Group, Gist, Research In Motion, RIM, T.A. McCann, Vulcan Capital
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