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The Foundry Group cashed in big on Fitbit’s IPO
Fitbit held a massive IPO last week worth upwards of $700 million, and the Foundry Group just happened to be a large and early investor in the company. The Foundry Group sold over 7.6 million shares worth over $152 million. [Boulder-based Foundry Group cashes in on Fitbit initial public offering, BizWest]
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The Sitter app launched in CO to help busy parents find babysitters
The app, which was created by a busy Boulder mother, is kind of like the Uber of babysitting services. The app automates the process of finding a sitter, and even allows you to pay them through the app using a credit card. [Built In Colorado]
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Rick Dakin, Co-Founder and CEO of Coalfire, Died on Saturday
Rick Dakin, the CEO and Co-Founder of Coalfire, died while hiking with his family near Colorado Springs. He was 63. Larry Jones, Coalfire’s chairman of the board, has taken over the responsibilities of CEO. [Coalfire CEO, co-founder Rick Dakin dies while hiking near Colorado Springs, BizWest]
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Ello is making fun of Facebook using Facebook ads
The social networking site Ello takes user privacy very seriously, and wants you to know that Facebook doesn’t share its zeal. The company took out ads on Facebook that made fun of the social network’s heavy use of advertising and data mining. [Ello pokes serious fun at ads by buying a few on Facebook, Denver Post]
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TechPubs raises funding ahead of United Airlines app launch
Longmong-based TechPubs raised $473 thousand in new funding and issued $3.4 million in stock in exchange for debt. The new funding comes just before the company plans on launching a new app that’ll be used by United Airlines flight attendants. [Built In Colorado]
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