Foundry Group

By Laura Lovett 04:10 pm May 13, 2020
Digital mental health company Meru Health announced that it scored $8.1 million in Series A funding. Foundry Group, Slack, Bold Capital, and Y Combinator led the funding round. This comes about a year after the company landed $4.2 million in seed funding.  Yesterday Meru Health also announced the results of its study, which was done with Harvard Medical School and Rutgers University researchers,...
By Laura Lovett 10:41 am November 12, 2019
This morning Whoop, a Boston-based performance wearable company, raked in $55 million in a Series D funding round. The new money is a combination of both equity and debt. Foundry Group led the round with participation from Two Sigma Ventures, Accomplice, Thursday Ventures, Promus Ventures, Silicon Valley Bank and other individual investors.  According to the company, this latest raise brings its...
By Brian Dolan 11:48 am March 5, 2013
San Francisco-based Fitbit, which offers activity monitors and a connected weight scale, has raised an additional $30 million in its fourth round of funding at a valuation of $300 million or more, according to a report over at TechCrunch. While the investors announced for its $12 million third round of funding in January 2012 included Foundry Group, True Ventures, SoftTech VC and Felicis Ventures...
By Brian Dolan 03:45 am December 11, 2012
By most quantifiable measures Nike+ is the dominant digital fitness offering on the market today. The Nike+ ecosystem currently includes smartphone apps, simple accelerometer shoe inserts, pre-loaded software on the iPod Nano, and its latest addition, the wrist-worn Nike+ Fuel Band. While at least two third party apps are already leveraging Nike+ data from its (soon to open) APIs, Nike made a...