Tag Archives: DAG Ventures
Lockerz Raises $45 Million In A Third Round Of Funding
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.
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Invoicing Company Taulia Raises $8.5 Million
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.
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Categories DAG Ventures, Matrix Partners, Taulia, Trinity Ventures
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Concur Investing $40 Million Into Online Travel Portal Cleartrip
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.
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Wal-Mart Acquires Kosmix For Over $300 Million
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.
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Marin Software Raises $16 Million In Series E
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.
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StumbleUpon Raises $17 Million and Launches Paid Discovery Service
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.
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Restaurant Ordering Service GrubHub Raises $20 Million
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.
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Categories Benchmark Capital, DAG Ventures, GrubHub, Matt Maloney
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Bulk SMS Company Clickatell Raises $12 Million In Series B
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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Categories Clickatell, DAG Ventures, Ethos Private Equity, Sequoia Capital
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Cooliris Raises $9.6 Million In Series C
Cooliris is a multimedia browser plugin that lets you view photo and video content on the web in an appealing way. The company has raised $9.6 million in Series C financing from investors such as Kleiner Perkins Caufield & Byers, Deutsche Telekom subsidiary T-Venture, DAG Ventures, and The Westley Group. Cooliris has raised a total of $27.6 million in funding. Cooliris plans on using the new round of funding for strategic partnerships and product innovation. [TechCrunch]
Social Gaming Company Raptr Raises $15 Million
Raptr is a social gaming company that allows players to track achievements and connect to friends on consoles. Raptr has raised $15 million in a round led by DAG Ventures with participation from Tenaya Capital and Accel Partners. Raptr has raised $27 million in total funding thus far. Raptr is seeing about 750,000 new users joining every month and has a total of 6 million users. [AllThingsD]
Categories Accel Partners, DAG Ventures, Raptr, Tenaya Capital
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