DAG Ventures
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 Venture 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
External links