Venture Capital Firm Foundry Group Closes Newest Fund, at $500M

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Summary

Boulder, CO-based venture capital firm Foundry Group has closed its newest fund, at $500m.Foundry Group Next, the firm’s sixth fund, is a continuation of the Foundry Group Select Fund, which made growth investments in the most successful companies from its early stage funds.In addition, it will support growth stage companies outside portfolio that fit within its thematic investing activities including AdTech, Digital Life, Distribution, Computer to Computer Interaction, Human Computer Interaction, Marketplaces, Protocols, etc.The new fund will be led by Jason Mendelson, Ryan McIntyre, Seth Levine, Brad Feld, and newly added Lindel Eakman.FinSMEs 20/09/2016

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