Samiksha Jaiswal (Editor)

DAG Ventures

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Type
  
Private

Website
  
www.dagventures.com

Industry
  
Venture capital

Founded
  
2001

DAG Ventures httpscrunchbaseproductionrescloudinarycomi

Headquarters
  
Palo Alto, California, United States

Parent organization
  
Duff Ackerman & Goodrich 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 Partners.

Contents

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.

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.

Portfolio

A partial list of investments includes:

  • AdBrite, invested $23 million in 2007.
  • Amyris Biotech, lead $70 million round, 2007
  • Bittorrent, lead investor. DAG eventually negotiated for most of its investment money to be returned.
  • CallVision, an Internet billing and customer relations management site
  • DisplayLink, co-investor, 2009
  • Friendster, lead $10 million round, 2006.
  • FireEye, Inc., co-invested with In-Q-Tel, 2009
  • Grouper, a video-sharing site
  • Kosmix, co-invested in 2007
  • Lithium Technologies, co-invested in 2010
  • Matrix Semiconductor
  • Metacafe, co-investor in $30 million round, 2007
  • Mevio, co-investor in $15 million round, 2008
  • Mint.com, lead investor in $14 million round, 2009.
  • Oakley Networks
  • oDesk, co-investor
  • OpenX, co-investor in $31 million round, 2009.
  • Plaxo
  • Proofpoint, Inc., leads $28 million round, 2008.
  • Seeking Alpha, $7m as lead investor, November, 2009.
  • Trapeze
  • Xoom, lead investor in $20 million round, 2007
  • Whrrl, co-investor in $7 million round, 2008
  • Yelp, Inc. - invested $15 million in 2008.
  • YuMe, co-investor in follow-on round, 2009.
  • Zimbra

    • References

    DAG Ventures Wikipedia
    (Text) CC BY-SA