Foundry Group Raises another $225 Million in Fund III
Foundry Group, formed by Jason Mendelson, Brad Feld, Seth Levine and Ryan McIntyre, has raised its third fund in the amount of $225 million. Fund two apparently still has “dry powder” remaining, meaning that the group won’t tap into fund three until Q1 2013. In an interesting twist, Foundry reused the same blog post that it used to announce fund two — which was the exact same size — this time around. [Source Fortune]























