Foundry Backs littleBits

Boulder-based venture capital investor Foundry Group has made another investment in a electronics company, littleBits, which develops electronic project and craft kits. The funding was worth $11M, and is a Series B round for New York-based littleBits. The investment by Foundry is the latest in a string of robotics and electronics investments by the venture capital group, which explained its investment in littleBits by saying that "We love robotics and electronics". More information »