Foundry Group Backs Bay Area Startup

Boulder-based venture capital firm The Foundry Group said this week that it has invested in San Francisco-based Pie Digital, a firm developing software to simplify the installation, maintenance and expansion of home computing equipment and networks. Amount and details of the venture investment were not disclosed. The Foundry Group is an early stage venture firm, which managed a $225M fund invested in information technology, Internet, and software firms. More information »