Tuesday, August 2, 2016

Foundry Group Backs Glowforge In Series B Funding

Boulder-based venture investor Foundry Group is one of the lead investors in 3D printer company Glowforge, as part of a $22M funding round. Glowforge said on Monday that it raised $22M in its Series B, led by Foundry Group and True Ventures. The funding comes on top of an earlier, $9M Series A for the company, plus an enormous, $27.9 million in crowdfunding raised by the firm earlier. Glowforge says it expects to ship its product in March of 2017. Foundry's Brad Feld a full beta unit of one of Glowforge's offices "blew our mind".