Foundry Ventures Into Medialets

Boulder-based Foundry Ventures has invested in a New York firm providing mobile analytics and advertising for mobile application developers, Medialets. According to Medialets, it raised $4M in a Series A funding Tuesday, with both Foundry Group and DFJ Gotham participating in the fundraising effort. Foundry has been busy making investments this month, having just announced an investment in Seattle email information provider Gist last week. More information »