"They certainly are looking at the right markets," says Joanne Itow, managing director and foundry analyst with Semico Research, adding that Jazz's location in a community known more for surfing than silicon hasn't hurt.
Melanie Joseph, the artistic director of the Foundry, presented several shows at the Ohio.
Mahon, who is expected to become a non-executive director at The Foundry, is also a senior non-executive director of Ocado.
Brad Feld is a managing director of the foundry group, an early-stage venture investor that specializes in Internet and software startups.
She is a former Co-Producing Artistic Director of The Foundry Theatre, where she currently sits on the Board of Directors and the Artist/Activist council.
"Having a diving board facing the majority of your audience in a center stage position is untenable," said Melanie Joseph, the founding and artistic director of the Foundry Theater, who has staged performances in such unconventional settings as a tour bus.
Bringing together artists and activists on this kind of project might seem like a leap of faith, but Melanie Joseph, the artistic director of the Foundry, doesn't see it that way.
As managing director Brad Feld writes, Foundry has been limited in the amount it can invest in later stage rounds due to the firm's early-stage strategy.
Editor's note: Chirag Patel is the managing director of Highnote Foundry, which has an incubated company, WorldClinic, that provides connected care through telemedicine.
I decided to pitch a "passion project" to the Foundry director.
As a result of the round, Foundry Managing Director Seth Levine and FirstMark Managing Director Amish Jani will be joining the startup's board of directors.
