Foundry Group adds $225M to its venture capital pool

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Foundry Group, the Colorado venture capital firm that’s backed Seattle area upstarts such as Big Door, SEOMoz and Cheezburger as well as Portland-based Cloudability, announced today the closing of their third fund — Foundry Venture Capital 2012 LP. The fund clocks in at $225 million, the same amount that it raised in its previous fund. Foundry Group invests in software and… Read More…

SEOmoz raises $18 million, Brad Feld joining board — and yes, the deal has closed

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SEOmoz CEO Rand Fishkin has been down this path before, as detailed in his extensive account of the company’s unsuccessful attempt to raise a large round of venture capital funding last year. But this time, with a different investor, the deal has actually closed. They’re so excited that they’ve created their own Internet memes about it…. Read More…

Cheezburger celebrates five years of LOLs, plans January 18th blackout to protest SOPA

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Who could have imagined that a Web site featuring oddly-worded captions accompanying cat photos could one day hold so much sway? But Cheezburger Network, which is celebrating its fifth year anniversary this week, is now using its power as one of the Web’s largest comedy networks for something that CEO Ben Huh doesn’t think is… Read More…