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DAG Ventures is an American venture capital firm based in Palo Alto, California. DAG Ventures works with startups in providing early stage and growth stage funding. Since its founding in 2004, by Tom Goodrich and John Cadeddu, the firm has backed nearly 180 ventures, including Ambarella Inc., Armo Biosciences, Eventbrite, Fireeye, Glassdoor, Grubhub, Nextdoor, Wealthfront, Wix.com, Yelp, and Zettle.[1]
 | |
| Company type | Private |
|---|---|
| Industry | Private equity |
| Founded | 2004 |
| Founders |
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| Headquarters | , |
| Products | |
| Website | www |
Funds
editDAG Ventures was created out of Duff Ackerman & Goodrich, a private investment firm formed in 1991.[2][3]
In June 2011, DAG Ventures announced their fifth fund.[4]
In 2019, founding members of DAG Ventures launched a new venture fund, the Corner Ventures DAG Fund.[5]
Investments
editThis section needs additional citations for verification. (February 2022) |
DAG Ventures has invested in almost 250 startups, since its inception in 2004. Notable ones are including,
- AdMob (acquired by Google)
- Altor Networks (acquired by Juniper Networks)
- Ambarella Inc. (IPO in Oct 2012)
- Avvo
- Bloom Energy (IPO in July 2018)
- Boku (IPO in Nov 2017)
- Brighter (acquired by Cigna)
- Chegg (IPO in Nov 2013)
- Cloudera
- Convertro (acquired by AOL)
- Displaylink (acquired by Synaptics)
- Eventbrite (IPO in Sep 2018)
- FireEye (IPO in Sep 2013)
- Fortify Software (acquired by HP)
- Funny or Die
- Glassdoor
- Grubhub (IPO in Apr 2014)
- Mint.com (acquired by Intuit)
- New Relic (IPO in Dec 2014)
- Nextdoor (IPO in Nov 2021)
- Oakley Networks (acquired by Raytheon)[6]
- OpenDNS (acquired by Cisco)[7]
- RingCentral (IPO in Sep 2013)
- SeekingAlpha
- SunRun (IPO in 2015)
- Upwork (IPO in October 2018)
- TrustArc
- Wework
- Xoom (acquired by PayPal)[8]
- Yelp (IPO in Mar 2012)
- Zimbra (acquired by Yahoo)[9]
- Zuora (IPO in Apr 2018)
- Zynga (IPO in Dec 2011)
References
edit- ^ Rao, Leena (March 31, 2014). "ClearStory Raises $21M From DAG Ventures, KPCB, A16Z To Bring Data Intelligence To The Masses". TechCrunch.
- ^ Carlsen, Clifford (March 7, 1999). "Duff, Ackerman & Goodrich's new deal: $100M fund". American City Business Journals.
- ^ Griffith, Erin (February 24, 2010). "DAG Ventures Hits $500m Target". Venture Capital Journal.
- ^ Lynley, Matthew (June 24, 2011). "Breaking: DAG Ventures raising new $500M funds". VentureBeat.
- ^ "Security and Exchange Commission registration". SEC. May 28, 2019.
- ^ Garretson, Cara (October 23, 2007). "Raytheon closes acquisition of Oakley Systems". Network World. Retrieved February 6, 2021.
- ^ Miller, Ron (June 30, 2015). "Cisco to buy Cloud Security Company OpenDNS for $635M in cash". TechCrunch. Retrieved February 6, 2021.
- ^ Loizos, Connie (July 1, 2015). "Paypal agrees to buy Xoom for $890 million". TechCrunch. Retrieved February 6, 2021.
- ^ Arrington, Michael (September 17, 2007). "Breaking:Yahoo acquires Zimbra for $350 million in Cash". TechCrunch. Retrieved February 6, 2021.