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Hi, I’m Brad Feld, a managing director at the Foundry Group who lives in Boulder, Colorado. I invest in software and Internet companies around the US, run marathons and read a lot.

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2010 Has Started Off Fast

Comments (10)

I’m at CES all day wandering the floor looking for additional devices to wear on my body to monitor all aspects of my life.  In the mean time, there’s a bunch of great stuff in my world that has happened so far this week.  Here are links with a little commentary. 

Rally Software Raised $16m in a Round Led by Greylock: My friends at Rally Software are creating an important long term company in the Boulder ecosystem.  2009 was a great year for Rally – they grew a ton and dominated their market segment.  They didn’t need any additional financing but were approached by several firms in Q409.  Greylock put forth an attractive offer and their involvement, including the addition of our new board member Tom Bogan (Chairman of Citrix among other things), is a huge addition. 

Jive Software Acquires Social Media Monitoring Startup Filtrbox: I’m extremely proud of Ari Newman, Tom Chikoore, and the rest of the team at Filtrbox.  They were part of the TechStars Boulder 2007 class and are now the fourth company from that class to have a positive exit (the others are SocialThing, Intense Debate, and Brightkite).  The team will become the Jive Boulder office and I expect they’ll grow nicely over the next year.

Kidrobot Moves to Boulder:  While I’m not an investor in Kidrobot, I’m a huge fan.  Paul Budnitz is moving with about half of the 45 person company from New York and plans to hire another 20 people in Boulder in pretty short order.  Look for life sized Kidrobot thingies on the Pearl Street Mall this summer.

TechStars Seattle won the Seattle Flashies “Tech Triumph of the Year”: Huge props for Andy Sack and Greg Gottesman for driving the creation of TechStars Seattle which will launch its first class in the fall of 2010.

There’s a lot more coming, but for now I’m going to go touch as many screens and tablets as I can in the middle of the debauchery that is Las Vegas.

  • jpball

    In the face of all the other crap I listen to and read decrying how terrible things are, this is the bright ray of sunshine I needed. Continued focus on starting and building great companies will go a long way toward working through the challenges we currently fear.

  • http://www.facebook.com/nathanielwhittemore Nathaniel Whittemore

    2010 is going to be a great year – congrats on the big bang to start!

  • http://intensedebate.com/people/JChauncey JChauncey

    Yeah everyone keeps talking about how bad things are, but I look to boulder and can only see positive things happening. It's great to see companies are still raising money and finding their exits.

    *goes off to finish his application to work at Rally*

  • john rowell

    Congrats to Ari and the entire Filtrbox crew!

  • http://www.venturearchetypes.com nathan beckord

    So exciting to see Boulder become a tech startup hotspot. I grew up there before moving out to silicon valley & SF, and it was always an entrepreneurial town…back then it was Celestial Seasonings and outdoor product companies, then things like telecom, data storage, and Crocs, and now it seems like the town is hitting its stride in web and software. Go Boulder!

  • http://intensedebate.com/people/JChauncey JChauncey

    from what research I have done it seems to be much cheaper to live near boulder (and commute just a couple of miles into town) than it would be to live near silicon valley. (Housing prices in Erie are very similar to how they are here in South GA)

    I think that has a huge appeal to developers who are wanting to work for startups but do not want to spend a ton of money on a house/rent. It is definitely the driving factor for me at this point.

  • Startup burned out

    Regarding VCs trying to fund a company that doesn't need it, I think it's a sad reflection. Kind of "to get a loan from the bank, you need to prove that you don't need it". They should focus on companies that need funding, not the ones that don't.

  • http://www.linpingdi.com Kyle

    Dear Mr. Feld, I am from China. I love reading your blog. And thank you for writing a great blog.

  • http://www.howtobecomeapoliceofficer.org.uk jon

    2010 is going to be a great year n the face of all the other crap I listen to and read decrying how terrible things are, this is the bright ray of sunshine I needed.It is definitely the driving factor for me at this point. become a police officer

  • http://miamifloridalawyer.org/ Miami Lawyer

    While I’m not an investor in Kidrobot, I’m a huge fan. Paul Budnitz is moving with about half of the 45 person company from New York and plans to hire another 20 people in Boulder in pretty short order. Look for life sized Kidrobot thingies on the Pearl Street Mall this summer.

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