DAG Ventures
| Private | |
| Industry | Venture capital |
| Founded | 2001 |
| Headquarters | Palo Alto, USA |
| Website |
www |
DAG Ventures is an American venture capital firm based in Palo Alto, California. It is known as a "coattail" fund for co-investing in later-stage private financing rounds alongside more prominent top-tier venture funds such as Kleiner Perkins, Sequoia Capital, Benchmark Capital, and Accel Partners.[1]
Background
Founded in 2001 as an offshoot of San-Francisco based Duff Ackerman & Goodrich, DAG invests primarily in the fields of energy, information technology, and life sciences.[2]
Investments
Funds
Like many venture firms, DAG has raised a series of different closed-end funds, each with different money sources and investments. Its third fund of approximately $477 million closed in 2005.[1]
Portfolio
A partial list of investments includes:
- AdBrite, invested $23 million in 2007.[3]
- Amyris Biotech, lead $70 million round, 2007[4]
- Bittorrent, lead investor. DAG eventually negotiated for most of its investment money to be returned.[5]
- CallVision, an Internet billing and customer relations management site[2]
- DisplayLink, co-investor, 2009[6]
- Friendster, lead $10 million round, 2006.[7][8]
- FireEye, Inc., co-invested with In-Q-Tel, 2009[9]
- Grouper, a video-sharing site[2]
- Kosmix, co-invested in 2007[10]
- Lithium Technologies, co-invested in 2010[11]
- Matrix Semiconductor[2]
- Metacafe, co-investor in $30 million round, 2007[12]
- Mevio, co-investor in $15 million round, 2008[13]
- Mint.com, lead investor in $14 million round, 2009.[14][15]
- Oakley Networks[2]
- oDesk, co-investor[16]
- OpenX, co-investor in $31 million round, 2009.[17]
- Plaxo[2]
- Proofpoint, Inc., leads $28 million round, 2008.[18]
- Seeking Alpha, $7m as lead investor, November, 2009.[19]
- Trapeze[2]
- Xoom, lead investor in $20 million round, 2007[20]
- Whrrl, co-investor in $7 million round, 2008[21]
- Yelp, Inc. - invested $15 million in 2008.[22]
- YuMe, co-investor in follow-on round, 2009.[23]
- Zimbra[2]
References
- 1 2 Marshall, Matt (July 2, 2007). "Money pours into venture funds, but selectively". Venture Beat.
- 1 2 3 4 5 6 7 8 Marshall, Matt (2008-08-12). "DAG "Coattail" Ventures is raising an $800M fund". Venture Beat.
- ↑ "DAG Ventures travels well-worn path". The Deal. 2007-11-30.
- ↑ Quong, Andrea (2007-09-18). "Amyris Closes in on $70M". Red Herring. Archived from the original on 2011-06-07.
- ↑ Kee, Tameka (2008-12-15). "BitTorrent Renegotiates Third Round; Takes $10 Million Less Than Before". Paidcontent.org.
- ↑ "DisplayLink gets $8M venture round". Bizjournals.com. 2009-12-09.
- ↑ "In Search of New Friends". Reuters. 2006-08-22. Archived from the original on 2009-04-27.
- ↑ Kawamoto, Dawn (2006-08-21). "Friendster scoops up $10 million in funding". CNET.
- ↑ J. Nicholas Hoover (2009-11-18). "In-Q-Tel Invests In Cybersecurity Company". Information Week.
- ↑ Marshall, Matt (2007-12-11). "Kosmix riases $10M more for search sites in health, autos, more". Venture Beat.
- ↑ O'Malley, Gavin (January 8, 2010). "Social Media Tools Provider Lithium Raises $18M". MediaPost.
- ↑ Berzon, Alexandra (2007-08-21). "How to Brew $30M". Red Herring. Archived from the original on 2010-12-07.
- ↑ Weisenthal, Joseph (2008-07-09). "Mevio, Formerly PodShow, Raises $15 Million Third Round". Paidcontent.org.
- ↑ Tartakoff, Joseph (2009-08-12). "Mint Raises $14 Million For Its Online Finance Service". Paidcontent.org.
- ↑ Vivek (May 23, 2007). "MyMint.com acquires Mint.com; raises $5 million". Startup Squad.
- ↑ Hoge, Patrick (2009-09-27). "ODesk pulls up a chair for freelancers". San Francisco Business Times.
- ↑ Tyler, Richard (2009-06-22). "Solid businesses have plenty of fans". London Telegraph.
- ↑ "Proofpoint gets $28M in new funding". San Jose Business Journal. 2008-02-27.
- ↑ Miller, Alaska (2009-12-01). "Seeking Alpha Bags $7 Million In Funding". Business Insider.
- ↑ Marshall, Matt (2007-09-28). "Xoom, money transfer site, raises $20M more". Venture Beat.
- ↑ Duryee, Tricia (2008-05-27). "Pelago Secures $15 Million In Funding For Mobile Social Network On A Map". Paidcontent.org.
- ↑ Gelles, David (2009-12-19). "Google close to deal to buy Yelp". Financial Times.
- ↑ Hoge, Patrick (2009-09-04). "Video ad firm YuMe gets $5M". San Francisco Business Times.
External links
- dagventures.com - official site
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