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Corporation
MEDIA (TRADITIONAL) | Publishing
foundryco.com

Investments

25

Portfolio Exits

4

Partners & Customers

10

Service Providers

3

About Foundry

Foundry connects media and martech. It uses algorithms, optimization and automation to understand data and uses it to power its media, demand generation, and martech solutions.

Headquarters Location

140 Kendrick Street Building B

Needham, Massachusetts, 02494,

United States

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Latest Foundry News

Foundry for AI by Rackspace Partners with Straits Interactive to Launch AI Data Protection Officer on Microsoft Azure OpenAI Service

Oct 18, 2023

Foundry for AI by Rackspace Partners with Straits Interactive to Launch AI Data Protection Officer on Microsoft Azure OpenAI Service Rackspace Technology® has partnered with Straits Interactive to create an AI Data Protection Officer (DPO) Assistant with Foundry for AI by Rackspace (FAIR™) on Microsoft Azure OpenAI Service. The driving force behind the collaboration is to promote the responsible use of AI by leveraging Rackspace Technology’s multicloud solutions integrated with Microsoft Azure OpenAI Generative Service. Straits Interactive and Rackspace Technology will offer joint solutions that include AI-enabled multicloud solutions integrating Microsoft Azure OpenAI Service and Microsoft Purview for data governance as part of its Capabara Capability-as-a-Service platform services. These solutions will enable organizations to harness generative AI for business transformation. The AI DPO Assistant, one of the first in the Asia Pacific and Japan (APJ) region, is a chatbot powered by generative AI as part of Straits Interactive’s suite of services within Capabara, The Capabara platform is a proprietary Capability-as-a-Service that offers a comprehensive solution for organizations to develop, govern, and manage digital transformation goals while ensuring the safe and responsible use of generative AI. The AI DPO Assistant chatbot guides organizations, especially SMEs, in data governance and navigating data protection requirements. Built on the Microsoft Azure Open AI Service, the chatbot securely stores data in a multicloud environment by Rackspace Technology. The AI DPO Assistant will: Enable clients and service providers to efficiently query industry best practices and procedures in multiple jurisdictions. It will also allow governance teams to securely upload their Governance, Risk Management, and Compliance (GRMC) documents and provide self-help assistance to employees across the organization. Collaborate with consultants from Straits Interactive to operationally comply with data protection requirements, which consider bespoke company policies, associated risks, and recommended operational controls. Leverage generative AI capabilities to create customized in-house Generative AI apps using Straits Interactive AI Capability tools, including tabletop exercises for breach scenarios, self-learning compliance modules, assessment questions, and more.

Foundry Investments

25 Investments

Foundry has made 25 investments. Their latest investment was in Optimize Health as part of their Series B on October 10, 2023.

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Foundry Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

10/10/2023

Series B

Optimize Health

$18M

Yes

4

2/22/2012

Series C

ihaveu.com

No

11/14/2011

Unattributed VC

Sitoy

Yes

6/13/2011

Series F

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$99M

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10

12/27/2010

Series B

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$99M

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0

Date

10/10/2023

2/22/2012

11/14/2011

6/13/2011

12/27/2010

Round

Series B

Series C

Unattributed VC

Series F

Series B

Company

Optimize Health

ihaveu.com

Sitoy

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Amount

$18M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

4

10

0

Foundry Portfolio Exits

4 Portfolio Exits

Foundry has 4 portfolio exits. Their latest portfolio exit was Hook Mobile on August 02, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/2/2018

Acquired

$99M

1

9/23/2016

Acq - Fin

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$99M

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10

12/11/2009

Acquired

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$99M

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0

12/14/2007

IPO

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$99M

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10

Date

8/2/2018

9/23/2016

12/11/2009

12/14/2007

Exit

Acquired

Acq - Fin

Acquired

IPO

Companies

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Valuation

$99M

$99M

$99M

$99M

Acquirer

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Sources

1

10

0

10

Foundry Acquisitions

4 Acquisitions

Foundry acquired 4 companies. Their latest acquisition was Selling Simplified on February 08, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/8/2022

Debt

$99M

$9.9M

Acquired

3

12/14/2021

Seed / Angel

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$99M

$99M

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10

9/14/2021

Series B

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$99M

$99M

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10

6/23/2020

Series A

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$99M

$99M

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10

Date

2/8/2022

12/14/2021

9/14/2021

6/23/2020

Investment Stage

Debt

Seed / Angel

Series B

Series A

Companies

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Valuation

$99M

$99M

$99M

$99M

Total Funding

$9.9M

$99M

$99M

$99M

Note

Acquired

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Sources

3

10

10

10

Foundry Partners & Customers

10 Partners and customers

Foundry has 10 strategic partners and customers. Foundry recently partnered with Dice Inc on July 7, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

7/9/2020

Partner

United States

IDG and Dice Partner to Launch Global Virtual Tech Recruitment Event Series • Foundry

This exclusive global partnership will unite IDG Communications , Inc. 's award winning content/brands and robust virtual events with Dice , the leading career hub for technologists .

1

11/14/2019

Partner

Brazil

Stefanini partnered with IDG to conduct research about how cognitive technologies will transform the customer experience

14 , 2019 -- Stefanini , a $ 1B global IT provider , and IDG , the world 's leading technology media , data and marketing services company , partnered to conduct a survey , `` How Cognitive Technologies Will Transform the Customer Experience , '' which identifies the specific factors that are driving interest in the use of cognitive technologies .

1

7/3/2018

Vendor

United States

Outbrain and IDG Announce Strategic Partnership.

The partnership with Outbrain will see IDG utilize the full suite of Outbrain 's Engage Solution tools across all their publishing titles in the US and UK and select titles in France and Spain , to deliver high-quality organic and sponsored content to audiences across its wide portfolio of digital publications .

2

11/2/2015

Partner

United States

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10

6/4/2013

Licensee

Japan

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10

Date

7/9/2020

11/14/2019

7/3/2018

11/2/2015

6/4/2013

Type

Partner

Partner

Vendor

Partner

Licensee

Business Partner

Country

United States

Brazil

United States

United States

Japan

News Snippet

IDG and Dice Partner to Launch Global Virtual Tech Recruitment Event Series • Foundry

This exclusive global partnership will unite IDG Communications , Inc. 's award winning content/brands and robust virtual events with Dice , the leading career hub for technologists .

Stefanini partnered with IDG to conduct research about how cognitive technologies will transform the customer experience

14 , 2019 -- Stefanini , a $ 1B global IT provider , and IDG , the world 's leading technology media , data and marketing services company , partnered to conduct a survey , `` How Cognitive Technologies Will Transform the Customer Experience , '' which identifies the specific factors that are driving interest in the use of cognitive technologies .

Outbrain and IDG Announce Strategic Partnership.

The partnership with Outbrain will see IDG utilize the full suite of Outbrain 's Engage Solution tools across all their publishing titles in the US and UK and select titles in France and Spain , to deliver high-quality organic and sponsored content to audiences across its wide portfolio of digital publications .

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Sources

1

1

2

10

10

Foundry Service Providers

3 Service Providers

Foundry has 3 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acq - Fin - II

Investment Bank

Financial Advisor

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Service Provider

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Associated Rounds

Acq - Fin - II

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Provider Type

Investment Bank

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Service Type

Financial Advisor

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Partnership data by VentureSource

Foundry Team

41 Team Members

Foundry has 41 team members, including current Chief Executive Officer, Mohamad Ali.

Name

Work History

Title

Status

Mohamad Ali

Chief Executive Officer

Current

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Name

Mohamad Ali

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Work History

Title

Chief Executive Officer

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Status

Current

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