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Boulder-based venture capital firm Foundry Group has backed a San Francisco developer of cloud-based databases, MongoLab, the firm said today. Foundry said it led the $3M, Series A investment in MongoLab, which also included Baseline Ventures, GRP Partners, Freestyle Capital and Bullet Time Ventures. MongoLab develops a cloud-based service based on the MongoDB database software.
posted on Wednesday, May 18, 2011 (Link to more information)

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