Monday, March 17, 2014

Foundry Group Pours Money Into Wine (Startup)

Boulder-based venture capital investor has made another investment out of its angel fund, FG Angels, this time in a startup focused on wine discovery and purchases. According to Foundry Group, Drync, which develops apps focused on wine rating and purchases, has raised $434,000 from FG Angels and its AngelList syndicate. Drync's mobile apps allow "wine nerds" to take pictures of the wines they are collecting and drinking, add ratings and reviews, and even purchase those wines directly from the app.