Foundry Backs Complaint Resolution Technology Company Modria

Boulder-based venture capital investor Foundry Group is backing the developer of an online dispute resolution technology developer, Modria. According to San Jose, California-based Modria, it raised $5M in a Series A funding round, led by Foundry. The funding round also included Battery Ventures, Advanced Technology Ventures, as well as angels Kapor Capital (Mitch Kapor), EDVenture Holdings (Esther Dyson), and Dan Ciporin (former Chairman and CEO of Foundry's Jason Mendelson headed the venture firm's investment in Modria. More information »