19 Nov, 2007
Foundry Group raises $225M for early stage tech
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Mark Devlin
Mark Devlin2007-11-19 00:45:342015-04-01 02:53:14Foundry Group raises $225M for early stage tech
Foundry Group announces it has raised a $225 fund for investing in early-stage technology companies. Investors include Guardian Life Insurance Co., Morgan Stanley, Parish Capital Advisors, Procific and University of Texas Investment Management Co. The partners include Brad Feld, Seth Levine, Ryan McIntyre and Chris Wand. They launched Foundry after thier previous company, Mobius, didn’t perform well, and partners of that fund decided not to raise any more money.
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