Foundry Backs Facebook Ad Retargeter

Boulder, Colorado-based venture capital firm Foundry Ventures has backed a developer of software which helps advertisers retarget Facebook users with advertisements. Triggit, which is based in San Francisco, said it raised $7.4M in a Series B funding round, which came from both Spark Capital and Foundry Group. Triggit lets advertisers retarget users through Facebook's advertising exchange. Seth Levine sits on Triggit's board. Foundry led Triggit's Series A funding. More information »