DAG Ventures

Birst Is Bursting Out All Over, With $26 Million in Funding From Sequoia

Arik Hesseldahl in Enterprise on May 1 at 11:59 pm PT

The business-intelligence outfit takes a fourth round of funding, bigger than its first three combined.

Boku Rings Up $35 Million in Funding From NEA, Telefonica

Lauren Goode in News on March 15 at 4:48 am PT

Just after announcing a new mobile payments system, Boku has secured $35 million in funding.

With IPO Buzz Building, RingCentral Hires New CFO

Arik Hesseldahl in News on March 14 at 1:12 pm PT

The cloud-based phone service adds to its pre-IPO buzz by landing a CFO from a public company.

Visa Places Bet on New Approach to Payments With Rare Investment in TrialPay

Tricia Duryee in Commerce on January 31 at 7:00 am PT

Visa, Greylock’s Reid Hoffman and others are pouring $40 million into TrialPay, which helps companies like Facebook, Gap and Fandango increase sales through the use of incentives.

Wealthfront Finally Launches, Aimed at Silicon Valley’s “Richie Rich” Newbies

Kara Swisher in Commerce on December 1, 2011 at 7:30 am PT

It’s a financial planning tool aimed at geeks.

Birst: When the Cloud Isn’t Always in the Cloud

Arik Hesseldahl in News on September 27, 2011 at 4:30 am PT

Birst, a business intelligence start-up, offers software that runs the same on premise as it does in the cloud, but for a very good reason.

Lockerz Nearing Closure on $45 Million Round From Live Nation, Others

Tricia Duryee in Commerce on August 3, 2011 at 7:00 am PT

Seattle-based Lockerz, an e-commerce company trying to build a rewards-based program for teens, is close to securing a third round of capital totaling $45 million.

Exclusive: Wal-Mart Paid $300 Million-Plus for Kosmix

Kara Swisher in News on April 18, 2011 at 5:46 pm PT

According to sources close to the situation, retail giant Wal-mart paid just over $300 million in cash for Kosmix, an acquisition announced earlier today. That’s a big price for the six-year-old Mountain View, Calif.-based company, which has built a social media platform that organizes content by topic and had raised $55 million from a large group of Silicon Valley venture firms.

Wal-Mart Acquires Kosmix to Move Into Social and Mobile

Tricia Duryee in Commerce on April 18, 2011 at 10:18 am PT

Wal-Mart is buying Kosmix, a Mountain View, Calif.-based company that has built a social media platform that organizes content by topic.

News Byte

Chip Start-Up Tabula Raises $108 Million From Crosslink, DAG Ventures

Arik Hesseldahl in Enterprise on March 28, 2011 at 9:26 am PT

A Silicon Valley semiconductor start-up has raised one of the biggest funding rounds to come to that sector in years. The $108 million investment in Tabula Inc. is also notable because the company is targeting a market niche–programmable chips–that has attracted a number of other entrants that subsequently went out of business. The latest investment in Tabula brings the total raised by the company to $214 million. The investment was led by Crosslink Capital and DAG Ventures; existing investors include Benchmark, Balderton Capital, Greylock Partners, Integral Capital Partners and New Enterprise Associates.