Archive for the ‘DAG Ventures’ Category

Lockerz Raises $45 Million In A Third Round Of Funding

Amit Chowdhry | August 3, 2011 | 488 views | Add a Comment
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Lockerz is an e-commerce company that is building a rewards-based program intended for teenagers. The company is close to raising $45 million in a third round of funding. Lockerz CEO Kathy Savitt confirmed $36 million is done being raised with another $9 million expected in the next 60 days.

Invoicing Company Taulia Raises $8.5 Million

Amit Chowdhry | July 28, 2011 | 355 views | Add a Comment
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Taulia is an invoicing company that has raised $8.5 million in Series B funding led by DAG Ventures. Matrix Partners and Trinity Ventures also participated in this round. Taulia has now raised a total of $12 million in funding.

Concur Investing $40 Million Into Online Travel Portal Cleartrip

Amit Chowdhry | April 19, 2011 | 520 views | 1 Comment
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Concur Technologies is investing $40 million in Indian online travel website Cleartrip.com. Cleartrip is similar to Kayak.com, but intended for the travel market in India. Cleartrip launched in 2006 and they have received venture capital from Kleiner Perkins Caufield & Byers, DVJ, DAG Ventures, and Sherpalo Ventures.

Wal-Mart Acquires Kosmix For Over $300 Million

Amit Chowdhry | April 18, 2011 | 974 views | Add a Comment
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Wal-Mart Stores, Inc. (NYSE:WMT) has acquired Kosmix for over $300 million according to a source with AllThingsD. Kosmix is a social media platform company that has raised $55 million in funding from Time Warner Investments, Accel Partners, Lightspeed Venture Partners, DAG Ventures, Bezos Expeditions, Jonathan Miller, and Ed Zander.

Marin Software Raises $16 Million In Series E

Amit Chowdhry | April 5, 2011 | 747 views | Add a Comment
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Marin Software is a company that makes search engine management tools for advertising companies. They have raised $16 million in Series E funding led by Crosslink Capital. DAG Ventures, Focus Ventures, Benchmark Capital, and Triangle Peak Partners also participated in this round. Marin now has a total of $51 million in funding.

StumbleUpon Raises $17 Million and Launches Paid Discovery Service

Amit Chowdhry | March 14, 2011 | 620 views | 1 Comment
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StumbleUpon, the company known for randomly showing you websites based on your interests through a toolbar, has raised $17 million in Series B funding. The funding will be used to invest in the company’s core technology and to increase employee count. The funding was provided by Accel Partners, August Capital, DAG Ventures, First Round Capital, and Sherpalo Ventures. The company has also launched a new way to monetize their services: Paid Discovery.

Restaurant Ordering Service GrubHub Raises $20 Million

Amit Chowdhry | March 12, 2011 | 607 views | 1 Comment
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GrubHub is a web and mobile service that has raised $20 million in Series D funding led by DAG Ventures and Benchmark Capital. The Series D round of funding will be used for research and development and acquisitions. GrubHub has raised a total of $34 million thus far.

Bulk SMS Company Clickatell Raises $12 Million In Series B

Amit Chowdhry | March 4, 2011 | 569 views | Add a Comment
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Clickatell is a bulk SMS service that has raised $12 million in Series B funding. This round of funding was led by Sequoia Capital and DAG Ventures. Ethos Private Equity also participated in this round. Clickatell offers marketing text messaging services for SMBs and enterprise companies.

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